Analog Devices, Inc. (NASDAQ:ADI) Plans Quarterly Dividend of $1.10

Analog Devices, Inc. (NASDAQ:ADI) announced a quarterly dividend on Wednesday, August 19th. Stockholders of record on Tuesday, September 1st will be given a dividend of 1.10 per share by the semiconductor company on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, September 1st.

Analog Devices has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 23 consecutive years. Analog Devices has a payout ratio of 49.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Analog Devices to earn $14.63 per share next year, which means the company should continue to be able to cover its $4.40 annual dividend with an expected future payout ratio of 30.1%.

Analog Devices Stock Down 0.9%

Shares of Analog Devices stock opened at $373.26 on Thursday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.34 and a current ratio of 1.75. Analog Devices has a 52-week low of $223.47 and a 52-week high of $445.91. The stock has a market capitalization of $181.81 billion, a price-to-earnings ratio of 55.46, a P/E/G ratio of 0.98 and a beta of 1.20. The company’s 50 day moving average price is $389.98 and its 200-day moving average price is $370.68.

Analog Devices (NASDAQ:ADI) last issued its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, topping the consensus estimate of $3.34 by $0.11. Analog Devices had a net margin of 26.01% and a return on equity of 14.37%. The company had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same period in the previous year, the firm earned $2.05 earnings per share. The firm’s revenue for the quarter was up 39.2% on a year-over-year basis. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts forecast that Analog Devices will post 12.42 EPS for the current year.

Insider Activity at Analog Devices

In other Analog Devices news, SVP Martin Cotter sold 17,594 shares of Analog Devices stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $418.00, for a total transaction of $7,354,292.00. Following the sale, the senior vice president directly owned 56,332 shares of the company’s stock, valued at approximately $23,546,776. The trade was a 23.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Vincent Roche sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $415.13, for a total value of $12,453,900.00. Following the transaction, the chief executive officer owned 137,538 shares in the company, valued at $57,096,149.94. This trade represents a 17.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 105,274 shares of company stock valued at $42,247,986 over the last quarter. Company insiders own 0.36% of the company’s stock.

Institutional Trading of Analog Devices

A number of hedge funds have recently modified their holdings of the business. Contravisory Investment Management Inc. bought a new stake in Analog Devices during the second quarter worth about $25,000. Manning & Napier Advisors LLC purchased a new position in shares of Analog Devices during the second quarter valued at approximately $25,000. Dunhill Financial LLC bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $32,000. Quantbot Technologies LP bought a new stake in shares of Analog Devices in the 2nd quarter worth approximately $33,000. Finally, Caitlin John LLC purchased a new stake in shares of Analog Devices in the 2nd quarter worth approximately $35,000. Institutional investors own 86.81% of the company’s stock.

Analog Devices Company Profile

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.