In section Market Quotes

Analog Devices Boosts Quarterly Dividend by 11% to $1.10

Semiconductor giant Analog Devices announced Tuesday it will increase its quarterly cash dividend to $1.10 per share, marking an 11% rise from the previous payout of 99 cents.

Analog Devices Boosts Quarterly Dividend by 11% to $1.10

The Massachusetts-based chipmaker confirmed the new payout structure, which brings the annualized dividend to $4.40 per share. Based on the stock’s recent closing price of $337.51, the move positions Analog Devices with an approximate dividend yield of 1.3%.

Dividend Schedule and Payout Details

Shareholders of record at the close of business on March 3 will be eligible for the payment. According to the company, the funds will be distributed on March 17, continuing its strategy of returning value to investors through consistent capital allocation.

This 11% increase underscores the firm's financial stability within the competitive semiconductor market. As a major supplier of analog and digital signal processing solutions, the company’s dividend growth reflects long-term confidence in its industrial and automotive revenue streams.

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