Analog Devices, Inc. (NASDAQ: ADI), a global semiconductor leader, today announced that its Board of Directors voted to increase its quarterly dividend by 8% to $0.99 per outstanding share of common stock, marking 21 consecutive years of higher dividends. Additionally, the Board of Directors authorized the company to repurchase an additional $10.0 billion of its common stock, bringing the total remaining share repurchase authorization to approximately $11.5 billion. Under the share repurchase program, the company may repurchase outstanding shares of its common stock from time to time on the open market or through privately negotiated transactions. ADI management will determine the timing and number of shares to be repurchased.
“ADI’s resilient business model and track record of delivering profitable growth enables our return of 100% of free cash flow to shareholders over the long term,” said Vincent Roche, CEO and Chair. “Over the 21 years of our capital return program, we have paid dividends amounting to more than $13 billion and repurchased approximately $16 billion of our common stock. We have delivered this tremendous shareholder return while continuing to invest vigorously in our cutting-edge product portfolio, agile hybrid manufacturing network, and customer-centric service model, enhancing our ability to deliver even more attractive cash returns to our investors in the future.”
The dividend increase is effective with the dividend payable on March 17, 2025, to shareholders of record as of the close of business on March 4, 2025.
About Analog Devices, Inc.
Analog Devices, Inc. (NASDAQ: ADI)是全球领先的半导体公司，致力于在现实世界与数字世界之间架起桥梁，以实现智能边缘领域的突破性创新。ADI提供结合模拟、数字和软件技术的解决方案，推动数字化工厂、汽车和数字医疗等领域的持续发展，应对气候变化挑战，并建立人与世界万物的可靠互联。ADI公司2024财年收入超过90亿美元，全球员工约2.4万人。ADI助力创新者不断超越一切可能。更多信息，请访问 www.analog.com/cn。
