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Analog Devices Raises Quarterly Dividend by 8% and Increases Share Repurchase Authorization by $10 Billion
ADIAnalog Devices(ADI) Prnewswire·2025-02-18 23:52

WILMINGTON, Mass., Feb. 18, 2025 /PRNewswire/ -- Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor leader, today announced that its Board of Directors voted to increase its quarterly dividend by 8% to 0.99peroutstandingshareofcommonstock,markingtwentyoneconsecutiveyearsofhigherdividends.Additionally,theBoardofDirectorsauthorizedthecompanytorepurchaseanadditional0.99 per outstanding share of common stock, marking twenty-one consecutive years of higher dividends. Additionally, the Board of Directors authorized the company to repurchase an additional 10.0 billion of its common stock, bringing the total remaining share repurchase authorization to approximately ...