Analog Devices (ADI) Raises Quarterly Dividend 6.7% to $0.48; 2.1% Yield
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.2%
Revenue Growth %: +35.8%
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Analog Devices (NASDAQ: ADI) declared a quarterly dividend of $0.48 per share, or $1.92 annualized. This is a 6.7% increase from the prior dividend of $0.45.
The dividend will be payable on March 20, 2018, to stockholders of record on March 9, 2018, with an ex-dividend date of March 8, 2018.
The annual yield on the dividend is 2.1 percent.
"The cash generation capability of our business has enabled us to pay our shareholders a dividend every quarter since December 2003,” said Vincent Roche, President and CEO. “During that time, the Company has returned a total of nearly $4.5 billion in dividends to shareholders showing our strong commitment to shareholder returns.”
For a dividend history and other dividend-related data on Analog Devices (ADI) click here.
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