InterDigital Declares Regular Quarterly Cash Dividend

WILMINGTON, Del., Dec. 02, 2022 — InterDigital (NASDAQ:IDCC) has declared a quarterly cash dividend of $0.35 per share on its common stock.

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Rhea-AI Summary

WILMINGTON, Del., Dec. 02, 2022 — InterDigital (NASDAQ:IDCC) has declared a quarterly cash dividend of $0.35 per share on its common stock. The dividend is set to be paid on January 25, 2023, to shareholders on record as of January 11, 2023. InterDigital specializes in mobile and video technology, addressing critical industry challenges and forming strategic relationships with top tech companies since its inception in 1972.

Positive

Declaration of a quarterly cash dividend of $0.35 per share.
Dividend payment scheduled for January 25, 2023, providing income for shareholders.

Negative

None.

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News Market Reaction – IDCC

The recorded move for IDCC in the trading session of this news was -1.06%.

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12/02/2022 - 04:30 PM

WILMINGTON, Del., Dec. 02, 2022 (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 25, 2023, to shareholders of record at the close of business on January 11, 2023.

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

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What is the dividend amount declared by InterDigital?

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

When will InterDigital's dividend be paid?

The dividend will be paid on January 25, 2023.

What is the record date for InterDigital's dividend?

The record date for the dividend is January 11, 2023.

Is InterDigital's dividend sustainable?

The press release does not provide specific information regarding the sustainability of the dividend.

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