NORWOOD, Mass.--(BUSINESS WIRE)--
Analog Devices, Inc. (NASDAQ: ADI)
today announced that its Board of Directors has approved a 13 percent
increase in its regular quarterly dividend to $0.34 per outstanding
share of common stock.
"At ADI, dividends are an important vehicle to raise returns to our
shareholders. Our continuing strong operating performance and cash flow
have facilitated a solid record of increasing dividends over the past
ten years," said Jerald G. Fishman, CEO.
Since the first dividend was paid in December 2003, ADI has paid a cash
dividend to shareholders every quarter. The Company has increased its
dividend ten times, and has paid a total of $2.05 billion in dividends
to shareholders over that period.
The increase is effective with the dividend payable on March 12, 2013 to
shareholders of record as of the close of business on March 1, 2013. The
payment of any future quarterly dividends 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.
About Analog Devices
Innovation, performance, and excellence
are the cultural pillars on which Analog Devices has built one of the
longest standing, highest growth companies within the technology sector.
Acknowledged industry-wide as the world leader in data conversion and
signal conditioning technology, Analog Devices serves over 60,000
customers, representing virtually all types of electronic equipment.
Analog Devices is headquartered in Norwood, Massachusetts, with design
and manufacturing facilities throughout the world. Analog Devices'
common stock is included in the S&P 500 Index.
Analog Devices, Inc.
Mr. Ali Husain, 781-461-3282
Director of
Investor Relations
781-461-3491 (fax)
investor.relations@analog.com
Source: Analog Devices, Inc.
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