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Maxim Integrated Products (Maxim Integrated Products) Preferred Stock : $0 Mil (As of Jun. 2021)


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What is Maxim Integrated Products Preferred Stock?

Preferred stock is a special equity security that has properties of both equity and debt. Maxim Integrated Products's preferred stock for the quarter that ended in Jun. 2021 was $0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Maxim Integrated Products's Enterprise Value for the quarter that ended in Jun. 2021 was $27,000 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Maxim Integrated Products's Book Value per Share for the quarter that ended in Jun. 2021 was $9.00.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Maxim Integrated Products's Earnings per Share (Diluted) for the three months ended in Jun. 2021 was $0.94.


Maxim Integrated Products Preferred Stock Historical Data

The historical data trend for Maxim Integrated Products's Preferred Stock can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Maxim Integrated Products Preferred Stock Chart

Maxim Integrated Products Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
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Maxim Integrated Products Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Maxim Integrated Products Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.


Maxim Integrated Products  (NAS:MXIM) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Maxim Integrated Products's Enterprise Value for the quarter that ended in Jun. 2021 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Maxim Integrated Products's Book Value per Share for the quarter that ended in Jun. 2021 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Maxim Integrated Products's Earnings per Share (Diluted) (EPS) for the three months ended in Jun. 2021 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Maxim Integrated Products Preferred Stock Related Terms

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Maxim Integrated Products (Maxim Integrated Products) Business Description

Traded in Other Exchanges
N/A
Address
160 Rio Robles, San Jose, CA, USA, 95134
Maxim Integrated makes high-performance analog and mixed-signal integrated circuits. The company offers a wide range of products serving a host of analog-intensive applications, including power management, audio conversion, and sensors. Maxim supplies its diverse product portfolio to a broad base of customers in the communications, computing, industrial, automotive, and consumer-related end markets.
Executives
Jon Imperato officer: SVP of Sales and Marketing 160 RIO ROBLES SAN JOSE CA 95134
Tunc Doluca director, officer: PRESIDENT, CEO & DIRECTOR
James R Bergman director 28202 CABOT RD. STE 200 LAGUNA NIGEL CA 92677
Bryan Preeshl officer: SENIOR VICE PRESIDENT 160 RIO ROBLES SAN JOSE CA 95134
Mary Ann Wright director 486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Robert Edward Grady director 555 CALIFORNIA STREET, SUITE 3450, SAN FRANCISCO CA 94104
Edwin Medlin officer: SVP, Chief Legal, Admin, Compl MAXIM INTEGRATED PRODUCTS INC 120 SAN GABRIEL DRIVE SUNNYVALE CA 94086
Brian C White officer: SENIOR VP and CFO C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Vivek Jain officer: SENIOR VP 120 SAN GABRIEL DRIVE, SUNNYVALE CA 94086
Joseph R Bronson director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
David Loftus officer: Vice President C/O INTERSIL CORPORATION 1001 MURPHY RANCH ROAD MILPITAS CA 95035
Mercedes Johnson director MICRON TECHNOLOGY, INC, 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
William P Sullivan director 5301 STEVENS CREEK BLVD, MS 1A-LC, SANTA CLARA CA 95051
William D Watkins director P O BOX 8, SAINT PETERS MO 63376
Tracy Accardi director 160 RIO ROBLES SAN JOSE CA 95134

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