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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 $0.86 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 ...