InterDigital Maintains Dividend

InterDigital has decided to continue handing out the same regular quarterly dividend it's been dispensing since it launched shareholder payouts. The company declared a distribution of $0.10 per share, to be paid on October 23 to shareholders of record as of October 9. That amount is in line with every payout the firm has made since its first dividend payment in February 2011.

The only distribution deviating from that habit was a special payout of $1.50. This was dispensed in late December of last year.

The just-declared regular dividend annualizes to $0.40 per share. That yields 1.1% at InterDigital's most recent closing stock price of $36.96. 

The article InterDigital Maintains Dividend originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in InterDigital, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.