As the day concludes, Analog Devices ADI is preparing to distribute a dividend payout of $0.92 per share, resulting in an annualized dividend yield of 1.95%. This payout is exclusive to investors who held the stock before the ex-dividend date on March 04, 2024.
Analog Devices Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2024-03-04 | 4 | $0.92 | 1.95% | 2024-02-20 | 2024-03-05 | 2024-03-15 |
| 2023-12-01 | 4 | $0.86 | 1.87% | 2023-11-21 | 2023-12-04 | 2023-12-14 |
| 2023-09-01 | 4 | $0.86 | 1.95% | 2023-08-23 | 2023-09-05 | 2023-09-14 |
| 2023-06-02 | 4 | $0.86 | 1.83% | 2023-05-24 | 2023-06-05 | 2023-06-14 |
| 2023-02-24 | 4 | $0.86 | 1.91% | 2023-02-14 | 2023-02-27 | 2023-03-08 |
| 2022-12-02 | 4 | $0.76 | 1.91% | 2022-11-22 | 2022-12-05 | 2022-12-15 |
| 2022-08-29 | 4 | $0.76 | 1.7% | 2022-08-17 | 2022-08-30 | 2022-09-08 |
| 2022-05-27 | 4 | $0.76 | 1.86% | 2022-05-18 | 2022-05-31 | 2022-06-09 |
| 2022-02-24 | 4 | $0.76 | 1.97% | 2022-02-15 | 2022-02-25 | 2022-03-08 |
| 2021-12-02 | 4 | $0.69 | 1.49% | 2021-11-23 | 2021-12-03 | 2021-12-14 |
| 2021-08-26 | 4 | $0.69 | 1.66% | 2021-08-18 | 2021-08-27 | 2021-09-08 |
| 2021-05-27 | 4 | $0.69 | 1.89% | 2021-05-19 | 2021-05-28 | 2021-06-08 |
Analog Devices's dividend yield falls in the middle range when compared to its industry peers, with United Microelectronics UMC having the highest annualized dividend yield at 7.00%.
Analyzing Analog Devices 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
The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $2.48 to $3.44. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Analog Devices
The earnings chart above shows that from 2020 to 2023, Analog Devices has experienced an increase in their earnings from $4.91 per share to $10.08 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
Recap
This article delves into the recent dividend payout of Analog Devices and its implications for shareholders. Presently, the company is distributing a dividend of $0.92 per share, leading to an annualized dividend yield of 1.95%.
Analog Devices's dividend yield falls in the middle range when compared to its industry peers, with United Microelectronics having the highest annualized dividend yield at 7.00%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for Analog Devices indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
\To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
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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