Skyworks Solutions (SWKS) will raise its quarterly dividend by 100 percent to $0.26 per share. The company initiated a quarterly dividend of $0.11 per share in 2014.
Skyworks Solutions Inc. is a manufacturer of analog semiconductor products for the aerospace, automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets. Skyworks operates worldwide with engineering, manufacturing, sales and service facilities throughout Asia, Europe and North America. The company was formed in 1962 and changed its corporate name from Alpha Industries, Inc. to Skyworks Solutions, Inc. on June 25, 2002, following a business combination. Skyworks has paid a dividend every year since 2014.