Analog Devices Raises Quarterly Dividend By 7%
2024年2月21日 - 7:30AM
ビジネスワイヤ(英語)
Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor
leader, today announced that its Board of Directors has voted to
increase its quarterly dividend from $0.86 per outstanding share of
common stock to $0.92, which represents an increase of 7% and is
equivalent to $3.68 annually.
“Today marks our 20th consecutive year of dividend increases, a
testament to ADI’s enduring business qualities which have enabled
positive free cash flow generation for 27 consecutive years,” said
Vincent Roche, CEO and Chair. “The dividend is the cornerstone of
our capital return strategy which is to return 100% of free cash
flow to our shareholders over the long term. In just the last 5
years, ADI has returned more than $15 billion or more than 15% of
our market cap through dividends and share repurchases. At the same
time, we have invested to strengthen our competitive advantages,
further increasing our ability to deliver attractive cash returns
to our owners over the long term.”
The increase is effective with the dividend payable on March 15,
2024, to shareholders of record as of the close of business on
March 5, 2024. ADI has paid a dividend for 80 consecutive quarters,
totaling more than $11 billion of cash returned to shareholders
through dividends.
About Analog Devices, Inc. Analog Devices, Inc. (NASDAQ:
ADI) is a global semiconductor leader that bridges the physical and
digital worlds to enable breakthroughs at the Intelligent Edge. ADI
combines analog, digital, and software technologies into solutions
that help drive advancements in digitized factories, mobility, and
digital healthcare, combat climate change, and reliably connect
humans and the world. With revenue of more than $12 billion in FY23
and approximately 26,000 people globally working alongside 125,000
global customers, ADI ensures today’s innovators stay Ahead of
What’s Possible. Learn more at www.analog.com and on LinkedIn and
Twitter (X).
Forward Looking Statements
This press release contains forward-looking statements regarding,
among other things, the timing and amount of cash dividends and
share repurchases, return of free cash flow, reinvesting in our
business, delivering value to shareholders and our financial
position in the future. Statements that are not historical facts,
including statements about our beliefs, plans and expectations, are
forward-looking statements. Such statements are based on our
current expectations and are subject to a number of factors and
uncertainties, which could cause actual results to differ
materially from those described in the forward-looking statements.
The following important factors and uncertainties, among others,
could cause actual results to differ materially from those
described in these forward-looking statements: economic, political,
legal and regulatory uncertainty or conflicts; changes in demand
for semiconductor products; manufacturing delays, product and raw
materials availability and supply chain disruptions; products that
may be diverted from our authorized distribution channels; changes
in export classifications, import and export regulations or duties
and tariffs; our development of technologies and research and
development investments; our future liquidity, capital needs and
capital expenditures; our ability to compete successfully in the
markets in which we operate; our ability to recruit and retain key
personnel; risks related to acquisitions or other strategic
transactions; security breaches or other cyber incidents; adverse
results in litigation matters; reputational damage; changes in our
estimates of our expected tax rates based on current tax law; risks
related to our indebtedness; unanticipated difficulties or
expenditures related to integrating Maxim Integrated Products,
Inc.; the discretion of our Board of Directors to declare dividends
and our ability to pay dividends in the future; factors impacting
our ability to repurchase shares; and uncertainty as to the
long-term value of our common stock. For additional information
about factors that could cause actual results to differ materially
from those described in the forward-looking statements, please
refer to our filings with the Securities and Exchange Commission
(“SEC”), including the risk factors contained in our most recent
Annual Report on Form 10-K. Forward-looking statements represent
management’s current expectations and are inherently uncertain.
Except as required by law, we do not undertake any obligation to
update forward-looking statements made by us to reflect subsequent
events or circumstances.
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version on businesswire.com: https://www.businesswire.com/news/home/20240220096904/en/
Michael Lucarelli Vice President, Investor Relations and
FP&A Analog Devices, Inc. 781-461-3282
investor.relations@analog.com
Analog Devices (NASDAQ:ADI)
過去 株価チャート
から 5 2024 まで 6 2024
Analog Devices (NASDAQ:ADI)
過去 株価チャート
から 6 2023 まで 6 2024