InterDigital Declares Increase in Quarterly Cash Dividend

Rhea-AI Summary

InterDigital (IDCC) has announced a significant increase in its quarterly cash dividend, raising it from $0.45 to $0.60 per share. This 33.3% dividend increase will be effective from the second quarter of 2025. The company's Board of Directors has declared that the next quarterly dividend payment of $0.60 per share will be made on April 23, 2025, to shareholders of record as of April 9, 2025. InterDigital, which focuses on mobile, video and AI technology research and development, made this announcement as part of its ongoing commitment to shareholder returns.

Positive

• 33.3% increase in quarterly dividend from $0.45 to $0.60 per share
• Demonstrates strong cash flow position and commitment to shareholder returns

Negative

• None.

WILMINGTON, Del., Feb. 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.45 to $0.60 per share.

The increase in the regular quarterly dividend will take effect beginning with the dividend paid in second quarter 2025. The Board of Directors also declared a regular quarterly cash dividend of $0.60 per share on its common stock, payable on April 23, 2025, to shareholders of record at the close of business on April 9, 2025.

About InterDigital^®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. 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

What is InterDigital's new quarterly dividend amount for 2025?

InterDigital's new quarterly dividend amount is $0.60 per share, increased from $0.45 per share.

When will IDCC's increased dividend of $0.60 per share be paid?

The increased dividend of $0.60 per share will be paid on April 23, 2025, to shareholders of record as of April 9, 2025.

By what percentage did InterDigital increase its quarterly dividend?

InterDigital increased its quarterly dividend by 33.3%, from $0.45 to $0.60 per share.

When will IDCC's dividend increase take effect?

The dividend increase will take effect beginning with the dividend paid in second quarter 2025.

What is the record date for IDCC's next dividend payment?

The record date for InterDigital's next dividend payment is April 9, 2025.