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InterDigital signals dividend boost

Thursday, September 22, 2016 13:57
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(Before It's News)

InterDigital Inc. (NASDAQ:IDCC), the developer of wireless technologies for mobile devices and networks, said on Thursday it will raise its quarterly dividend by 50% to 30 cents a share from 20 cents a share.

The company’s new dividend will be payable on Oct. 26 to shareholders on its books on Oct. 12.

InterDigital shares closed up 2.4% at $79.61 on Thursday.

Story by ProactiveInvestors

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