Analog Devices (ADI) will raise its quarterly dividend by 6.7 percent to $0.48 per share in Q1 of 2018. This marks the 15th dividend increase in the last 14 years. The new dividend yield for ADI is 2.1%.

"The cash generation capability of our business has enabled us to pay our shareholders a dividend every quarter since December 2003,” said Vincent Roche, President and CEO. “During that time, the Company has returned a total of nearly $4.5 billion in dividends to shareholders showing our strong commitment to shareholder returns.”

The increase is effective with the dividend payable on March 20, 2018 to shareholders of record as of the close of business on March 9, 2018. The payment of any future quarterly dividends, or a future increase in the quarterly dividend amount, will be at the discretion of the Board and will be dependent upon ADI's financial position, results of operations, outlook, liquidity, and other factors deemed relevant by the Board.

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.