InterDigital (IDCC) will double its dividend to $0.20 per share quarterly.
It's the first dividend increase for Interdigital since a payout was initiated in 2011.
InterDigital develops mobile technologies for wireless devices, networks, and services worldwide. The company's technology is used in mobile devices, wireless infrastructure equipment and IoT devices and software platforms. The Company is developing a range of technologies in the areas of video compression and delivery, security, analytics, and other areas.