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. This dividend will be payable on April 27, 2022, to shareholders of record as of April 13, 2022. The company specializes in developing mobile and video technologies, addressing significant industry challenges and innovating for future broadband networks and multimedia experiences. Founded in 1972, InterDigital has established collaborations with leading technology firms worldwide.

Positive

• Quarterly dividend of $0.35 per share enhances shareholder income.

Negative

• None.

WILMINGTON, Del., March 30, 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 April 27, 2022, to shareholders of record at the close of business on April 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 for Q1 2022?

InterDigital declared a dividend of $0.35 per share for Q1 2022.

When will the dividend be paid to shareholders?

The dividend will be paid on April 27, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is April 13, 2022.

How often does InterDigital pay dividends?

InterDigital pays dividends quarterly.

Is the dividend sustainable for InterDigital?

The sustainability of the dividend depends on the company's financial performance.