Intersil Corporation (ISIL) Tops Q1 EPS by 7c; Guides Q2; Declares $0.12 Qtr. Dividend; 3.2% Yield

Intersil Corporation (NASDAQ: ISIL) reported Q1 EPS of $0.18, $0.07 better than the analyst estimate of $0.11. Revenue for the quarter came in at $198.9 million versus the consensus estimate of $197.05 million.

Sees Q2 2011 EPS of $0.19-$0.22, versus the consensus of $0.15. Also sees Q2 2011 revenue of $204-$212 million, versus the consensus of $208.68 million.

Intersil's Board of Directors has authorized the payment of a quarterly dividend of $0.12 per share of common stock, $0.48 annualized.

The payment of this dividend will be made on May 27, 2011 to shareholders of record as of the close of business on May 17, 2011, with an ex-dividend date of May 15., 2011.

Yield on the dividend is 3.2 percent.

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