Maxim Integrated Products (MXIM) will raise its quarterly dividend by 9.1 percent to $0.36 per share in 2017. This follows a 3 cent dividend increase to 33 cents quarterly per share last year by the semiconductor company.

Maxim Integrated Products, Inc. develops innovative analog and mixed-signal products and technologies to make systems smaller and smarter, with enhanced security and increased energy efficiency. The company's products are used by customers in the automotive, industrial, healthcare, mobile consumer, and cloud data center markets. Maxim Integrated Products has paid a dividend every year since 2002.