Vishay Intertechnology Inc. (VSH) will raise its quarterly dividend by 11.8 percent to $0.095 per share in the second quarter of 2019. This marks the company's 4th consecutive year of higher dividend payments.

The next dividend will be paid on June 27, 2019 to stockholders of record as of the close of business on June 13, 2019. A new annualized dividend rate of 38 cents per share yields 2.2% at a stock price of $17.27.

"Our confidence in the long-term outlook of our business, and our historically strong cash generation in good times as well as in bad, enables us to declare this dividend increase,” said Marc Zandman, Executive Chairman of the Board and Chief Business Development Officer.  “We are proud of the financial health of our Company and are pleased to be in a position to return cash to our stockholders.”

Vishay Intertechnology, Inc. is manufacturer of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. The company's brands include Dale, Sfernice, Draloric, Sprague, Vitramon, Siliconix, General Semiconductor, BCcomponents, and Beyschlag.