Analog Devices (ADI) will raise its quarterly dividend by 5.0 percent to $0.42 per share in 2016. This follows a dividend increase of 8.1 percent by the technology company in the previous year.
Analog Devices, Inc. is a global high-performance analog technology company. Analog Devices designs, manufactures, and markets a broad portfolio of solutions, including integrated circuits (ICs), algorithms, software, and subsystems that leverage high-performance analog, mixed-signal, and digital signal processing technologies. The company focuses on key strategic markets such as industrial, automotive, consumer, and communications. Analog Devices went public in 1979 and initiated a quarterly dividend in 2003.