InterDigital (IDCC) Declares $0.30 Quarterly Dividend; 1.5% Yield
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InterDigital Announces Increase of Regular Quarterly Dividend
September 22, 2016 8:30 AM EDTWILMINGTON, Del., Sept. 22, 2016 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ: IDCC), a mobile technology research and development company, today announced that its Board of Directors has approved an increase in the company's quarterly cash dividend to $0.30 per share ($1.20 per share on an annual basis).
InterDigitals continuing growth and strong visibility of future cash flows puts us in a great position to return increased value to shareholders, said S. Douglas Hutcheson, Chairman of InterDigital. The increased dividend is part of our balanced approach to capital allocation that returns value to shareholders while continuing to maintain our ongoing... More
