Analog Devices (ADI) Raises Quarterly Dividend 5% to $0.42 and Approves $1B Buyback

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Go back to Analog Devices (ADI) Raises Quarterly Dividend 5% to $0.42 and Approves $1B Buyback

Analog Devices Increases Quarterly Cash Dividend by 2 Cents to $0.42 Per Share and Increases Share Buyback Authorization to $1 Billion

February 16, 2016 4:01 PM EST

NORWOOD, Mass.--(BUSINESS WIRE)-- Analog Devices, Inc. (NASDAQ: ADI) today announced that its Board of Directors has voted to increase its quarterly dividend by 2 cents to $0.42 from $0.40 per outstanding share of common stock.

In addition, the Board of Directors has approved an increase to the Companys share repurchase authorization to $1 billion.... More