Streetbeat News

UMC

United Microelectronics Corporation

https://www.umc.com

Industry

Semiconductors

United Microelectronics Corporation operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers. United Microelectronics Corporation was incorporated in 1980 and is headquartered in Hsinchu City, Taiwan.

Open

6.92

Mkt cap

17B

Volume

8.2M

High

6.99

P/E Ratio

11.08

52-wk high

9.00

Low

6.91

Div yield

0.00

52-wk low

6.78

Skyworks Solutions (NASDAQ:SWKS) is distributing a dividend of $0.68 per share with an annualized yield of 3.12%. The company has shown a positive trend in dividend per share growth from $1.64 in 2019 to $2.36 in 2022, and earnings growth from $6.17 per share in 2019 to $11.23 per share in 2022. This consistent increase in dividends and earnings suggests a strong financial position and commitment to shareholder returns. United Microelectronics (NYSE:UMC) has the highest annualized dividend yield among peers at 7.42%.

Portfolio Pulse from Benzinga Insights

December 12, 2023 | 3:05 pm

Microchip Technology (NASDAQ:MCHP) is distributing a dividend of $0.44 per share today, with an annualized yield of 2.47%. The company has shown a positive trend in both dividend per share and earnings per share from 2019 to 2022, indicating a strong financial position and commitment to enhancing shareholder value. United Microelectronics (NYSE:UMC) has the highest annualized dividend yield in the industry at 7.58%.

Portfolio Pulse from Benzinga Insights

December 06, 2023 | 3:05 pm

United Microelectronics (UMC) reported a 16.67% year-over-year decline in sales for November 2023, with revenues dropping from NT$22,545,442 thousand to NT$18,787,670 thousand. From January to November 2023, the company experienced a 20.25% decrease in sales compared to the same period in 2022.

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 6:45 am

Intel (NASDAQ:INTC) is distributing a dividend of $0.12 per share with an annualized yield of 1.52%. Shareholders as of November 06, 2023, are eligible. Intel's dividend yield is moderate compared to peers like United Microelectronics (NYSE:UMC). Intel's dividend per share increased from $1.26 in 2019 to $1.46 in 2022, while earnings per share decreased from $4.65 to $2.84, indicating a focus on dividends over earnings growth.

Portfolio Pulse from Benzinga Insights

December 01, 2023 | 3:05 pm

QuickLogic Corporation (NASDAQ:QUIK) has secured a new contract to provide embedded FPGA (eFPGA) IP for a leading global semiconductor company, targeting the UMC 22nm process. The financial terms of the deal have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 10:05 am

Benzinga Insights has identified several value stocks in the technology sector based on low P/E ratios. Surgepays, ChipMOS TECHNOLOGIES, Optical Cable, United Microelectronics, and BOS Better Online Solns are highlighted for their current valuations and recent financial performance, including earnings per share and dividend yields. Some stocks have reported decreased earnings or yields, while others have remained stable or undervalued.

Portfolio Pulse from Benzinga Insights

November 21, 2023 | 2:40 pm

Shares of semiconductor and chip companies are experiencing an uptick due to overall tech sector strength, AI optimism, and positive financial reports from TSMC and Navitas.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 7:39 pm

Benzinga Insights has identified five value stocks in the technology sector that may be worth watching: Bel Fuse (NASDAQ:BELFB), Surgepays (NASDAQ:SURG), United Microelectronics (NYSE:UMC), Sonim Technologies (NASDAQ:SONM), and Ebix (NASDAQ:EBIX). These companies have low P/E multiples, indicating they may be undervalued. However, the risk of investing in a value stock is that its value may never materialize.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 2:41 pm

United Microelectronics (UMC) reported a year-on-year sales decline of 21.17% for October 2023. The company's revenues for the period were NT$19,191,382, down from NT$24,344,264 in October 2022.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 6:44 am

Software and technology stocks are trading higher due to a drop in Treasury yields following October jobs data. The decline in yields has boosted growth stocks in the session.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 6:52 pm

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