Linear Technology Corp. (LLTC) Raises Quarterly Dividend 3.1% to $0.33; 2.1% Yield

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Go back to Linear Technology Corp. (LLTC) Raises Quarterly Dividend 3.1% to $0.33; 2.1% Yield

Linear Technology Reports Sequential Increases in Revenue, Net Income, and Earnings Per Share. The Company Increases the Quarterly Dividend $0.01 to $0.33 Per Share

January 17, 2017 5:00 PM EST

MILPITAS, Calif.--(BUSINESS WIRE)-- Linear Technology Corporation (NASDAQ: LLTC), a leading, independent manufacturer of high performance linear integrated circuits, today reported financial results for the fiscal quarter ended January 1, 2017. Quarterly revenues of $375.8 million for the second quarter of fiscal year 2017 increased $1.9 million or 0.5% over the previous quarters revenue of $373.9 million and increased $28.7 million or 8.3% over the $347.1 million reported in the second quarter of fiscal year 2016.

On a GAAP basis, net income of $124.0 million increased $8.9 million or 7.7% over the previous quarters net income of $115.1 million and increased $2.5 million or 2.0% over the second... More