Analog Devices Announces 12.5 Percent Increase in Dividend; Raises Annual Dividend Growth Target to 7% to 15%
19 Fevereiro 2019 - 6:41PM
Business Wire
Analog Devices, Inc. (Nasdaq: ADI) today announced that its
Board of Directors has voted to increase its quarterly dividend to
$0.54 per outstanding share of common stock. The new dividend
represents an increase of 12.5 percent, marking the Company's 16th
dividend increase in the last 15 years.
"We pride ourselves on our commitment to shareholder returns and
have paid a dividend every quarter since 2003,” said Vincent Roche,
President and CEO, “And given the confidence in our future
prospects and strength of our business model, I am pleased to
announce that we have increased our target dividend growth rate to
7 to 15 percent annually from our previous target of 5 to 10
percent.”
The increase is effective with the dividend payable on March 12,
2019 to shareholders of record as of the close of business on March
1, 2019. 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 (Nasdaq: ADI) is a
leading global high-performance analog technology company dedicated
to solving the toughest engineering challenges. We enable our
customers to interpret the world around us by intelligently
bridging the physical and digital with unmatched technologies that
sense, measure, power, connect and interpret. Visit
http://www.analog.com.
(ADI-WEB)
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190219006030/en/
Analog Devices, Inc.Mr. Michael Lucarelli,
781-461-3282781-461-3491 (fax)Director of Investor
Relationsinvestor.relations@analog.com
Analog Devices (NASDAQ:ADI)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Analog Devices (NASDAQ:ADI)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024