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.

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 $0.45 per share on its common stock, payable on January 22, 2025, to shareholders of record at the close of business on January 8, 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 (IDCC) dividend amount for Q1 2025?

InterDigital's dividend amount for Q1 2025 is $0.45 per share of common stock.

When is InterDigital's (IDCC) next dividend payment date?

InterDigital's next dividend payment date is January 22, 2025.

What is the record date for InterDigital's (IDCC) Q1 2025 dividend?

The record date for InterDigital's Q1 2025 dividend is January 8, 2025.

How often does InterDigital (IDCC) pay dividends?

InterDigital pays regular quarterly cash dividends to its shareholders.