By the close of today, January 24, 2024, InterDigital IDCC will issue a dividend payout of $0.40 per share, resulting in an annualized dividend yield of 1.59%. Only those investors who owned the stock prior to the ex-dividend date on January 09, 2024 will receive this payout.
InterDigital Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-01-09 | 4 | $0.4 | 1.59% | 2023-11-30 | 2024-01-10 | 2024-01-24 |
| 2023-10-10 | 4 | $0.4 | 1.99% | 2023-09-13 | 2023-10-11 | 2023-10-25 |
| 2023-07-11 | 4 | $0.35 | 1.61% | 2023-06-08 | 2023-07-12 | 2023-07-26 |
| 2023-04-11 | 4 | $0.35 | 1.94% | 2023-03-29 | 2023-04-12 | 2023-04-26 |
| 2023-01-10 | 4 | $0.35 | 2.76% | 2022-12-02 | 2023-01-11 | 2023-01-25 |
| 2022-10-11 | 4 | $0.35 | 3.01% | 2022-09-08 | 2022-10-12 | 2022-10-26 |
| 2022-07-12 | 4 | $0.35 | 2.14% | 2022-06-01 | 2022-07-13 | 2022-07-27 |
| 2022-04-12 | 4 | $0.35 | 2.13% | 2022-03-30 | 2022-04-13 | 2022-04-27 |
| 2022-01-11 | 4 | $0.35 | 2.03% | 2021-12-10 | 2022-01-12 | 2022-01-26 |
| 2021-10-12 | 4 | $0.35 | 2.02% | 2021-09-10 | 2021-10-13 | 2021-10-27 |
| 2021-07-13 | 4 | $0.35 | 1.7% | 2021-06-03 | 2021-07-14 | 2021-07-28 |
| 2021-04-13 | 4 | $0.35 | 2.22% | 2021-03-31 | 2021-04-14 | 2021-04-28 |
Analyzing InterDigital Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.40 to $1.50, reflecting the company's focus on providing greater returns to its shareholders.
YoY Earnings Growth For InterDigital
Investors can observe a growth in earnings for InterDigital from 2020 to 2023, as earnings per share increased from $1.92 to $8.72. This upward trajectory in earnings indicates potential for future cash dividend payout increases, which can be advantageous for income-seeking investors.
Recap
This article provides an in-depth analysis of InterDigital's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.40 per share, resulting in an annualized dividend yield of 1.59%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for InterDigital indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
To stay informed about changes in financials or dividend disbursements, investors should pay close attention to the company's performance in the upcoming quarters.
[Track real-time stock fluctuations for InterDigital on Benzinga.](https://www.benzinga.com/quote/InterDigital (NASDAQ: IDCC))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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