InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

InterDigital (NASDAQ:IDCC) has announced a quarterly cash dividend of $0.35 per share on its common stock. This dividend is payable on October 27, 2021 to shareholders of record by October 13, 2021. The company, headquartered in Wilmington, Delaware, focuses on mobile and video technology research, addressing complex technical challenges and enhancing broadband networks and video delivery. InterDigital's strategic relationships with major technology firms bolster its position in the market.

Positive

• Quarterly cash dividend of $0.35 per share announced.
• Dividend payment demonstrates confidence in consistent income for shareholders.

Negative

• None.

WILMINGTON, Del., Sept. 10, 2021 (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 October 27, 2021 to shareholders of record at the close of business on October 13, 2021.

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:
Tiziana Figliolia
Investor.relations@interdigital.com 
+1 (302) 300-1857
        

FAQ

What is the dividend amount declared by InterDigital?

InterDigital declared a quarterly cash dividend of $0.35 per share.

When will the dividend be paid?

The dividend will be paid on October 27, 2021.

What is the record date for the dividend?

The record date for the dividend is October 13, 2021.

How often does InterDigital pay dividends?

InterDigital pays dividends quarterly.

Is InterDigital's dividend sustainable?

The sustainability of the dividend may depend on the company's financial performance and market conditions.