Monday, MKS announced a 7% increase in the quarterly dividend, to 16 cents per share, for an indicated yield of 2.4%. When I see
MKSI data by
Other tech-related names that are "double nets" include telecommunications networking product name Tellabs (TLAB) , which is currently trading at 1.2 times net current asset value.
Not currently profitable on a trailing 12-month basis, the company has $1.12 billion, or $3.05 per share, in cash and marketable securities, and $181 million in debt. Unprofitable technology companies are typically not my cup of tea, but given the large amount of cash and securities relative to the current price ($3.34), I'll be watching this one.
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