InterDigital Board of Directors Declares Regular Quarterly Cash Dividend
InterDigital, Inc. (NASDAQ:IDCC) has declared a quarterly cash dividend of $0.35 per share on its common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
InterDigital, Inc. (NASDAQ:IDCC) has declared a quarterly cash dividend of $0.35 per share on its common stock. This dividend will be paid on July 28, 2021, to shareholders who are on record as of the close of business on July 14, 2021.
InterDigital focuses on pioneering mobile and video technology, developing critical solutions for global broadband networks and multimedia experiences. The company has established partnerships with major technology organizations and is a constituent of the S&P SmallCap 600 index.
Positive
- Quarterly cash dividend of $0.35 per share indicates company confidence in cash flow and returns to shareholders.
Negative
- None.
Details
News Market Reaction – IDCC
The recorded move for IDCC in the trading session of this news was +0.86%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., June 03, 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
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 and is included in the S&P SmallCap 600® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
| InterDigital Contact: Tiziana Figliolia Tiziana.figliolia@interdigital.com +1 (302) 300-1857 |
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