InterDigital Declares Regular Quarterly Cash Dividend

Rhea-AI Summary

InterDigital (Nasdaq: IDCC) has announced a regular quarterly cash dividend of $0.40 per share. This dividend will be payable on July 24, 2024, to shareholders who are on record by the close of business on July 10, 2024.

The announcement was made by the company's Board of Directors and highlights InterDigital's commitment to returning value to its shareholders.

Positive

• InterDigital announced a regular quarterly cash dividend of $0.40 per share.
• The dividend demonstrates the company's ongoing commitment to returning value to shareholders.
• Dividend payments are scheduled for July 24, 2024.

Negative

• No specific business growth or revenue figures were mentioned in the announcement.
• The press release does not include any updates on potential risks or challenges facing the company.

WILMINGTON, Del., June 06, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.40 per share on its common stock, payable on July 24, 2024, to shareholders of record at the close of business on July 10, 2024.

About InterDigital^®

InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. 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 announced by InterDigital for Q2 2024?

InterDigital has announced a regular quarterly cash dividend of $0.40 per share for Q2 2024.

When is the record date for InterDigital's Q2 2024 dividend?

The record date for InterDigital's Q2 2024 dividend is July 10, 2024.

When will InterDigital's Q2 2024 dividend be paid?

InterDigital's Q2 2024 dividend will be paid on July 24, 2024.

What is the stock symbol for InterDigital?

The stock symbol for InterDigital is IDCC.