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InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

InterDigital, Inc. (NASDAQ:IDCC) has announced a quarterly cash dividend of $0.35 per share, set for payment on January 26, 2022.

(Neutral)

Sentiment and the balance of points

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dividends

Rhea-AI Summary

InterDigital, Inc. (NASDAQ:IDCC) has announced a quarterly cash dividend of $0.35 per share, set for payment on January 26, 2022. Shareholders of record by the close of business on January 12, 2022 will be eligible. The company focuses on mobile and video technology solutions, addressing complex industry challenges and innovating for future broadband and multimedia experiences. InterDigital, founded in 1972, collaborates with leading tech firms and is traded on NASDAQ.

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Positive

  • Regular quarterly dividend of $0.35 per share indicates financial stability.
  • Confirms company's commitment to returning value to shareholders.

Negative

  • None.
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News Market Reaction – IDCC

The recorded move for IDCC in the trading session of this news was -0.68%.

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WILMINGTON, Del., Dec. 10, 2021 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share on its common stock, payable on January 26, 2022, to shareholders of record at the close of business on January 12, 2022.

About InterDigital®

InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on NASDAQ.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
investor.relations@interdigital.com
+1 (302) 300-1857
        


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by InterDigital (IDCC)?

InterDigital has declared a quarterly cash dividend of $0.35 per share.

When will the dividend be paid to shareholders of InterDigital (IDCC)?

The dividend will be paid on January 26, 2022.

Who is eligible for the InterDigital (IDCC) dividend?

Shareholders of record as of January 12, 2022, are eligible for the dividend.

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