Today, September 14, 2023, Analog Devices ADI will distribute a dividend payout of $0.86 per share, highlighting an annualized dividend yield of 1.95%. Shareholders who owned the stock before the ex-dividend date on September 01, 2023 will be eligible for this payout.
Analog Devices Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-01 | 4 | $0.86 | 1.95% | 2023-08-23 | 2023-09-05 | 2023-09-14 |
| 2023-06-02 | 4 | $0.86 | 1.83% | 2023-05-24 | 2023-06-05 | 2023-06-14 |
| 2023-02-24 | 4 | $0.86 | 1.91% | 2023-02-14 | 2023-02-27 | 2023-03-08 |
| 2022-12-02 | 4 | $0.76 | 1.91% | 2022-11-22 | 2022-12-05 | 2022-12-15 |
| 2022-08-29 | 4 | $0.76 | 1.7% | 2022-08-17 | 2022-08-30 | 2022-09-08 |
| 2022-05-27 | 4 | $0.76 | 1.86% | 2022-05-18 | 2022-05-31 | 2022-06-09 |
| 2022-02-24 | 4 | $0.76 | 1.97% | 2022-02-15 | 2022-02-25 | 2022-03-08 |
| 2021-12-02 | 4 | $0.69 | 1.49% | 2021-11-23 | 2021-12-03 | 2021-12-14 |
| 2021-08-26 | 4 | $0.69 | 1.66% | 2021-08-18 | 2021-08-27 | 2021-09-08 |
| 2021-05-27 | 4 | $0.69 | 1.89% | 2021-05-19 | 2021-05-28 | 2021-06-08 |
| 2021-02-25 | 4 | $0.69 | 1.72% | 2021-02-16 | 2021-02-26 | 2021-03-09 |
| 2020-12-03 | 4 | $0.62 | 1.81% | 2020-11-24 | 2020-12-04 | 2020-12-15 |
Analog Devices's dividend yield falls in the middle range when compared to its industry peers, with United Microelectronics UMC having the highest annualized dividend yield at 7.98%.
Analyzing Analog Devices Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $2.16 in 2019 to $3.04 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For Analog Devices
From 2019 to 2022, Analog Devices has demonstrated an upward trend in earnings, with earnings per share rising from $5.14 to $9.59. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of Analog Devices's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.86 per share, resulting in an annualized dividend yield of 1.95%.
Analog Devices's dividend yield falls in the middle range when compared to its industry peers, with United Microelectronics having the highest annualized dividend yield at 7.98%.
Considering the increase in dividend per share from 2019 to 2022 along with an increase in earnings per share, Analog Devices appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
[Click here](https://www.benzinga.com/stock//dividends) to find details on Analog Devices's previous dividends.
To keep track of which companies are distributing dividends, click here to visit our Dividends Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
