Analog Devices (ADI) Tops Q1 EPS by 5c, Revenues Beat; Offers Q2 Revenue Mid-Point Guidance Below Consensus, Q2 EPS Mid-Point Views In-Line with Estimates

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Analog Devices (ADI) PT Raised to $130 at BMO Capital; Another 'Analog Powerhouse'

February 21, 2019 9:18 AM EST

BMO Capital analyst Ambrish Srivastava raised the price target on Analog Devices (NASDAQ: ADI) to $130.00 (from $107.00) while maintaining a Outperform rating.

The analyst highlighted:

We see ADI, along with TI, as the other analog powerhouse. We expect both to only get... More

Analog Devices (ADI) Raises Quarterly Dividend 12.5% to $0.54; 2.1% Yield

February 19, 2019 4:42 PM EST

Analog Devices (NASDAQ: ADI) declared a quarterly dividend of $0.54 per share, or $2.16 annualized. This is a 12.5% increase from the prior dividend of $0.48.

The dividend will be payable on February 19, 2019, to stockholders of record on February 19, 2019, with an ex-dividend date of February 15,... More