Analog Devices Increases Cash Dividend to $0.34 from $0.30 Per Share
19 Februar 2013 - 10:01PM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI) today announced that its
Board of Directors has approved a 13 percent increase in its
regular quarterly dividend to $0.34 per outstanding share of common
stock.
“At ADI, dividends are an important vehicle to raise returns to
our shareholders. Our continuing strong operating performance and
cash flow have facilitated a solid record of increasing dividends
over the past ten years,” said Jerald G. Fishman, CEO.
Since the first dividend was paid in December 2003, ADI has paid
a cash dividend to shareholders every quarter. The Company has
increased its dividend ten times, and has paid a total of $2.05
billion in dividends to shareholders over that period.
The increase is effective with the dividend payable on March 12,
2013 to shareholders of record as of the close of business on March
1, 2013. The payment of any future quarterly dividends will be at
the discretion of the Board and will be dependent upon ADI’s
financial position, results of operations, outlook, liquidity, and
other factors deemed relevant by the Board.
About Analog DevicesInnovation, performance, and
excellence are the cultural pillars on which Analog Devices has
built one of the longest standing, highest growth companies within
the technology sector. Acknowledged industry-wide as the world
leader in data conversion and signal conditioning technology,
Analog Devices serves over 60,000 customers, representing virtually
all types of electronic equipment. Analog Devices is headquartered
in Norwood, Massachusetts, with design and manufacturing facilities
throughout the world. Analog Devices' common stock is included in
the S&P 500 Index.
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