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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.

(Neutral)

Sentiment and the balance of points

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dividends

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 January 27, 2021 to shareholders on record as of January 13, 2021. InterDigital focuses on developing mobile and video technologies, addressing critical technical challenges in the industry. Founded in 1972, InterDigital is listed on NASDAQ and included in the S&P MidCap 400 index.

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Positive

  • Quarterly cash dividend declared at $0.35 per share, providing income for shareholders.
  • Company demonstrates ongoing commitment to returning value to investors.

Negative

  • None.
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News Market Reaction – IDCC

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WILMINGTON, Del., Dec. 11, 2020 (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 27, 2021 to shareholders of record at the close of business on January 13, 2021.

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 MidCap 400® 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


FAQ

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

What is the dividend amount declared by IDCC?

InterDigital has declared a dividend of $0.35 per share.

When is the dividend payment date for IDCC?

The dividend will be paid on January 27, 2021.

Who is eligible for the IDCC dividend?

Shareholders of record at the close of business on January 13, 2021, are eligible.

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