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WILMINGTON - InterDigital, Inc. (NASDAQ:IDCC) announced Wednesday its Board of Directors has approved a 17% increase in the company’s quarterly cash dividend from $0.60 to $0.70 per share. The company has maintained dividend payments for 15 consecutive years, demonstrating strong financial health with a "GREAT" overall score according to InvestingPro analysis.
The increased dividend will take effect in the fourth quarter of 2025, with the next payment scheduled for October 22, 2025, to shareholders of record as of October 8, 2025.
InterDigital, which specializes in research and development for wireless, video, and artificial intelligence technologies, licenses its innovations to companies that manufacture wireless communications devices, consumer electronics, IoT devices, and vehicles, as well as to providers of cloud-based services like video streaming.
The company’s engineers have contributed to the development of various wireless technologies, from early digital cellular systems to current 5G networks and advanced Wi-Fi technologies. InterDigital also maintains significant research efforts in video processing and encoding/decoding technology.
Founded in 1972, InterDigital is listed on the Nasdaq exchange. The dividend announcement was made in a company press release.
In other recent news, InterDigital Inc. reported its second-quarter 2025 earnings, significantly exceeding expectations. The company achieved an earnings per share of $6.52, far surpassing the projected $2.17, representing a surprise increase of over 200%. Additionally, InterDigital’s revenue reached $300 million, well above the anticipated $167.93 million. These results indicate a strong performance for the quarter. Analysts and investors took note of the company’s impressive financial results. In response to the earnings announcement, InterDigital’s stock experienced a notable rise in pre-market trading. The company’s financial success has been a focal point for market observers. These developments highlight InterDigital’s recent achievements and their impact on investor sentiment.
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