Analog Devices Announces 7 Percent Increase in Quarterly Cash Dividend to $0.45 Per Share; Represents Annual Dividend of $1.8...
14 Februar 2017 - 10:01PM
Business Wire
Analog Devices, Inc. (NASDAQ: ADI) today announced that its
Board of Directors has voted to increase its quarterly dividend to
$0.45 from $0.42 per outstanding share of common stock. The new
dividend rate represents an increase of 7 percent, marking the
Company’s 14th dividend increase in the last 13 years.
“ADI’s dividend program is a foundational component of our
shareholder value creation strategy and highlights the stellar cash
generation capabilities of our franchise,” said Vincent Roche,
President and CEO. “We are proud of our 13 year history of being a
dividend paying company, one of the longest records in our
industry.”
Since the first dividend was paid in December 2003, the Company
has returned a total of $4 billion in dividends to
shareholders.
The increase is effective with the dividend payable on March 7,
2017 to shareholders of record as of the close of business on
February 24, 2017. The payment of any future quarterly dividends,
or a future increase in the quarterly dividend amount, 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 DevicesAnalog Devices designs and
manufactures semiconductor products and solutions. We enable our
customers to interpret the world around us by intelligently
bridging the physical and digital with unmatched technologies that
sense, measure and connect. Visit http://www.analog.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170214006397/en/
Analog Devices, Inc.Mr. Ali Husain,
781-461-3282781-461-3491 (fax)Treasurer and Director of Investor
Relationsinvestor.relations@analog.com
Analog Devices (NASDAQ:ADI)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Analog Devices (NASDAQ:ADI)
Historical Stock Chart
Von Jul 2023 bis Jul 2024