Empowering Shareholders with Growth: Analog Devices Enhances Performance and Reports Rising Profits
Portfolio Pulse from Benzinga Insights
Analog Devices (NASDAQ:ADI) is distributing a dividend payout of $0.86 per share, with an annualized dividend yield of 1.95%. The company's dividend per share has shown a positive trend, increasing from $2.16 in 2019 to $3.04 in 2022. Earnings per share also rose from $5.14 to $9.59 during the same period. United Microelectronics (NYSE:UMC) has the highest annualized dividend yield in the industry at 7.98%.
September 14, 2023 | 3:05 pm
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POSITIVE IMPACT
Analog Devices is distributing a dividend of $0.86 per share, with an annualized yield of 1.95%. The company has shown a positive trend in dividend per share and earnings per share from 2019 to 2022.
The increase in dividend per share and earnings per share indicates a strong financial position for Analog Devices, which could attract more investors and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
United Microelectronics has the highest annualized dividend yield in the industry at 7.98%.
While United Microelectronics has the highest annualized dividend yield in the industry, the news does not provide any specific information that could directly impact the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50