InterDigital Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
InterDigital (Nasdaq: IDCC), a mobile, video and AI technology research and development company, has announced that its Board of Directors declared a regular quarterly cash dividend of $0.45 per share on its common stock. The dividend will be paid on January 22, 2025, to shareholders of record at the close of business on January 8, 2025.
Positive
- Maintains consistent quarterly dividend payment of $0.45 per share, demonstrating financial stability
- Continues commitment to shareholder returns through regular dividend distributions
Negative
- None.
News Market Reaction – IDCC
On the day this news was published, IDCC gained 1.93%, 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., Dec. 05, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of
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
