InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

InterDigital, Inc. (NASDAQ:IDCC) has declared a quarterly cash dividend of $0.35 per share on its common stock. The dividend will be payable on July 27, 2022, to shareholders of record by the close of business on July 13, 2022. InterDigital specializes in developing innovative mobile and video technologies crucial for devices and networks globally, thereby addressing significant industry challenges and contributing to more efficient broadband networks and enhanced multimedia experiences.

Positive

• Quarterly cash dividend of $0.35 per share, reflecting company confidence in financial health.

Negative

• None.

WILMINGTON, Del., June 01, 2022 (GLOBE NEWSWIRE) -- InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share on its common stock, payable on July 27, 2022, to shareholders of record at the close of business on July 13, 2022.

About InterDigital^®

InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on NASDAQ.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
investor.relations@interdigital.com
+1 (302) 300-1857

FAQ

What is the dividend amount declared by InterDigital?

InterDigital declared a cash dividend of $0.35 per share.

When will the dividend be paid?

The dividend will be paid on July 27, 2022.

What is the record date for the dividend?

The record date for the dividend is July 13, 2022.

How often does InterDigital pay dividends?

InterDigital typically pays dividends on a quarterly basis.

Is the dividend sustainable for InterDigital?

The sustainability of the dividend depends on the company's ongoing financial performance, as indicated by its ability to declare dividends regularly.