10 Best Debt Free Dividend Stocks to Invest in

6. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC)

Number of Hedge Fund Holders: 19

Market Cap as of December 7: $2.21 billion

Enterprise Value as of December 7: $1.71 billion

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) is a Singapore-based semiconductor manufacturing company that specializes in cutting-edge semiconductors and electronics assembly solutions. The company reported strong earnings in the fourth quarter of 2024. It reported revenue of $166.1 million, which fell by 3% from the same period last year. However, the revenue beat analysts’ estimates by $1.1 million. Moreover, its income from operations of $86.6 million grew by 5,081% on a YoY basis. The company’s net income came in at $81.6 million, up significantly by 778.5 million from a prior year period.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) highlighted in its earnings call that it expects core-market demand to gradually improve and remains focused on delivering new systems and features within its Ball, Wedge, and Advanced Solutions segments. Over the next few quarters, it anticipates continued market adoption of its unique Fluxless Thermo-Compression (FTC), Vertical Fan-Out (VFO), and emerging battery assembly solutions.

As next-generation memory and logic applications, fueled by artificial intelligence, cloud computing, and connected devices, create demand for new semiconductor packaging, the company’s advanced packaging solutions—such as FTC and VFO—are well-positioned to meet these evolving industry needs in the long term.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) demonstrated a solid cash position in the most recent quarter. The company ended the quarter with $538.3 million available in cash and cash equivalents. Its operating cash flow and free cash flow came in at $18.9 million and $8.7 million, respectively. The company offers a quarterly dividend of $0.205 per share and has a dividend yield of 1.99%, as recorded on February 11. KLIC is one of the best dividend stocks on our list as the company has been rewarding shareholders with growing dividends for the past five years.