Workflow
Analog Devices Raises Quarterly Dividend By 7%
ADIAnalog Devices(ADI) Businesswire·2024-02-20 22:30

WILMINGTON, Mass.--(BUSINESS WIRE)--Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor leader, today announced that its Board of Directors has voted to increase its quarterly dividend from 0.86peroutstandingshareofcommonstockto0.86 per outstanding share of common stock to 0.92, which represents an increase of 7% and is equivalent to $3.68 annually. “ Today marks our 20th consecutive year of dividend increases, a testament to ADI’s enduring business qualities which have enabled positive free cash flow generation for 27 consecutive yea ...