Dividend Growth of InterDigital, Inc.(IDCC)

InterDigital(IDCC) is having a Dividend Yield of 1.19% with the Annual cash Dividend per share of $0.9. The last quarter cash dividend per share pay out was $0.3. InterDigital has a 5 year average dividend yield of 1.32% and the stock has a Indicated annual dividend of $1.2. InterDigital(IDCC) formally announced its most recent dividend on December 9, 2016 with a Dividend per share of $0.3. The new indicated annual dividend based on announced dividend per share is $1.2. The dividend yield based on the forward looking indicated annual dividend is 1.19%. InterDigital(IDCC) has the most recent dividend payout ratio of 0.15 with a 5-year average payout ratio of 0.23. The 5 year historical dividend growth of InterDigital(IDCC) is at the rate of 26.07% while the R-Squared dividend growth is 0.79. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

InterDigital, Inc. (NASDAQ:IDCC) witnessed a decline in the market cap on Thursday as its shares dropped 0.55% or 0.55 points. After the session commenced at $100.7, the stock reached the higher end at $100.9 while it hit a low of $98.5. With the volume soaring to 688,052 shares, the last trade was called at $99.95. The company has a 52-week high of $102.05. The company has a market cap of $3,427 million and there are 34,283,369 shares in outstanding. The 52-week low of the share price is $43.49. Shares of InterDigital, Inc. rose by 5.27% in the last five trading days and 11.93% for the last 4 weeks. InterDigital, Inc. is up 29.07% in the last 3-month period. Year-to-Date the stock performance stands at 9.78%.

Currently the company Insiders own 1.5% of InterDigital, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.88% . Institutional Investors own 69.84% of InterDigital, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -20.49%. Company has reported several Insider transactions to the SEC, on Jan 25, 2017, William J Merritt (President and CEO) sold 18,000 shares at 89.10 per share price.On Jan 24, 2017, Jannie K Lau (EVP, General Counsel & Sec.) sold 2,847 shares at 88.70 per share price.On Jan 24, 2017, Lawrence F Shay (SEVP,Fut.Wireless,&Ch.IPCouns.) sold 7,157 shares at 88.70 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.InterDigital was Downgraded by Sidoti to Neutral on Dec 7, 2016.

InterDigital Last issued its quarterly earnings results on Oct 27, 2016. The company reported $2.99 EPS for the quarter, missing the analyst consensus estimate by $ -0.13. Analyst had a consensus of $3.12. The company had revenue of $208.30 million for the quarter, compared to analysts expectations of $209.90 million. The companys revenue was up 107.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.68 EPS.

INTERDIGITAL COMMUNICATIONS develops and markets advanced digital wireless telecommunications systems using proprietary technologies for voice and data communications and has developed an extensive patent portfolio related to those technologies.


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