Analog Devices: raises dividend 7%
(CercleFinance.com) - Analog Devices announced on Tuesday evening that its Board of Directors has decided to increase its quarterly dividend by 7% to $0.
92 per share, effective from the payment scheduled for 15 March.
The semiconductor manufacturer points out that it has paid a dividend for 80 consecutive quarters, totaling over $11bn in cash returned to shareholders in the form of dividends.
In the last five years alone, Analog Devices has generated a return of over $15bn, i.e. over 15% of our market capitalization, in the form of dividends and share buybacks, management adds.
Copyright (c) 2024 CercleFinance.com. All rights reserved.