InterDigital Board of Directors Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
InterDigital (NASDAQ:IDCC) has announced a quarterly cash dividend of $0.35 per share on its common stock. This dividend is payable on October 27, 2021 to shareholders of record by October 13, 2021. The company, headquartered in Wilmington, Delaware, focuses on mobile and video technology research, addressing complex technical challenges and enhancing broadband networks and video delivery. InterDigital's strategic relationships with major technology firms bolster its position in the market.
Positive
- Quarterly cash dividend of $0.35 per share announced.
- Dividend payment demonstrates confidence in consistent income for shareholders.
Negative
- None.
News Market Reaction – IDCC
In the trading session that priced this news, IDCC gained 0.97%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
WILMINGTON, Del., Sept. 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
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:
Tiziana Figliolia
Investor.relations@interdigital.com
+1 (302) 300-1857
