InterDigital Boosts Regular Quarterly Cash Dividend From $0.35 To $0.40 Per Share
Portfolio Pulse from Benzinga Newsdesk
InterDigital has announced an increase in its regular quarterly cash dividend from $0.35 to $0.40 per share, effective from the fourth quarter of 2023. The dividend will be payable on October 25, 2023 to shareholders of record at the close of business on October 11, 2023.
September 13, 2023 | 10:02 pm
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POSITIVE IMPACT
InterDigital's decision to increase its regular quarterly cash dividend could be a positive signal to investors, potentially leading to a positive impact on its stock price.
Dividend increases are often seen as a sign of a company's strong financial health. As such, this news could lead to increased investor confidence in InterDigital, potentially driving up its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100