Skyworks Solutions As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
SWKS $2.72 9.7% 10.7% 12.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Semiconductors 2.8% 9 12.3% Quarter 2014

Semiconductor company Skyworks Solutions (SWKS) will increase its quarterly dividend by 9.7 percent to 68 cents per share in 2023. The new annual dividend rate of $2.72 yields 2.5% at a stock price of $109. This marks 9 consecutive years of increased dividends by SWKS.

Skyworks’ board of directors has declared a cash dividend of $0.68 per share of the Company’s common stock, representing a 10% increase from the prior quarterly dividend of $0.62 per share. The dividend is payable on Sept. 19, 2023, to stockholders of record at the close of business on Aug. 29, 2023.

Skyworks Solutions (SWKS) Dividend history & statistics
Company name Skyworks Solutions Inc
Ticker symbol SWKS
ISIN-code US83088M1027
company website
Sector Information Technology
Business Semiconductors
Dividend paid since 2014
Track record (years increased) 9
Payment Frequency Quarterly dividend
Dividend growth: 5 year average 12.3%
Next dividend per share $0.68
Annual dividend per share $2.72
Dividend yield* 2.5%
Stock price* $108.55
YTD Total Return* 22.3%
Next ex-dividend date August 28, 2023
Next payment date September 19, 2023
Market cap (in $B)* 17.28
Total dividend (in $B) 0.43
© *As of August 8, 2023

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.