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InterDigital Declares Increase in Quarterly Cash Dividend

1. InterDigital increased its quarterly cash dividend from $0.45 to $0.60 per share. 2. The dividend increase will take effect in the second quarter of 2025. 3. This is the first dividend hike in a significant time frame. 4. InterDigital focuses on wireless, video, and AI technologies. 5. The company has a robust licensing model for its innovations.

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Why Bullish?

The dividend increase signals financial health and shareholder value, positively influencing investor sentiment. Past examples show dividend hikes often lead to stock price increases as seen in similar tech companies.

How important is it?

The dividend increase is a strong indicator of financial stability, impacting stakeholder confidence in IDCC. It directly invites investor interest, thereby influencing stock market dynamics for IDCC.

Why Short Term?

The immediate response to the dividend announcement will likely affect stock prices quickly. Historical trends indicate that such announcements can boost stock prices shortly after release.

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NASDAQ: IDCC
February 06, 2025 08:25 ET  | Source: InterDigital, Inc. WILMINGTON, Del., Feb. 06, 2025 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.45 to $0.60 per share. The increase in the regular quarterly dividend will take effect beginning with the dividend paid in second quarter 2025. The Board of Directors also declared a regular quarterly cash dividend of $0.60 per share on its common stock, payable on April 23, 2025, to shareholders of record at the close of business on April 9, 2025. 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

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