Photronics Inc

NASDAQ PLAB

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Photronics Inc Dividend Coverage Ratio 5 year CAGR for the quarter ending October 31, 2021

Photronics Inc Dividend Coverage Ratio 5 year CAGR is NA for the quarter ending October 31, 2021. The dividend coverage ratio measures a company's ability to cover its dividend payments with its net income. It is calculated by dividing net income by dividends paid. This ratio indicates the proportion of net income that is allocated to paying dividends. A ratio greater than 1 suggests sufficient income to cover dividend payments, while a ratio less than 1 indicates a potential shortfall. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NASDAQ: PLAB

Photronics Inc

CEO Dr. KangJyh Lee Ph.D.
IPO Date March 10, 1987
Location United States
Headquarters 15 Secor Road, Brookfield, CT, United States, 06804
Employees 1,885
Sector Technology
Industry Semiconductor equipment & materials
Description

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company offers electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

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StockViz Staff

September 20, 2024

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