Skyworks (SWKS) Price Target Raised to $125 at BofA/ML

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Go back to Skyworks (SWKS) Price Target Raised to $125 at BofA/ML

Skyworks Increases Quarterly Dividend

June 18, 2015 8:00 AM EDT

Strong Financials and Expanding Cash Flow Support Increase;
Enhances Total Shareholder Returns

WOBURN, Mass.--(BUSINESS WIRE)-- Skyworks Solutions, Inc. (NASDAQ: SWKS) an innovator of high performance analog semiconductors connecting people, places and things, today announced that its Board of Directors has declared a cash dividend of $0.26 per share of the Companys common stock, representing a 100 percent increase from the prior quarterly dividend of $0.13 per share. Based on the closing price of Skyworks stock on June 17, 2015, the increased dividend represents roughly a one percent... More