InterDigital announces a quarterly cash dividend increase from $0.70 to $0.75 per share, payable October 28, 2026.
Quiver AI Summary
InterDigital, Inc. announced an increase in its quarterly cash dividend from $0.70 to $0.75 per share, effective from the fourth quarter of 2026. The Board of Directors declared the new dividend, payable on October 28, 2026, to shareholders recorded by October 14, 2026. InterDigital is a global research and development company specializing in wireless, video, and AI technologies, and it licenses its innovations to various sectors including wireless communications and cloud-based services. Since its founding in 1972, InterDigital has been a leader in developing technologies ranging from early digital cellular systems to advanced wireless and video technologies, and it is listed on Nasdaq.
Potential Positives
- The Board of Directors has approved an increase in the quarterly cash dividend from $0.70 to $0.75 per share, demonstrating a commitment to returning value to shareholders.
- The dividend increase will take effect starting with the fourth quarter of 2026, indicating positive financial performance and stability of the company.
- The declaration of a regular quarterly cash dividend reinforces the company's ongoing strategy of maintaining shareholder confidence and support.
Potential Negatives
- The increase in the dividend may raise concerns among investors about the company's ability to sustain its dividend payouts in the long term, especially if financial conditions change.
- The press release does not provide any information about the company’s current financial performance or projections, which may lead to uncertainty among investors regarding the rationale for the dividend increase.
- By issuing only a modest increase in dividend per share, the company may signal to investors that it is prioritizing short-term returns over long-term growth and investment opportunities.
FAQ
What is the new quarterly cash dividend announced by InterDigital?
InterDigital has increased its quarterly cash dividend from $0.70 to $0.75 per share, effective in Q4 2026.
When will the new dividend be paid to shareholders?
The new dividend of $0.75 per share will be payable on October 28, 2026, to shareholders of record on October 14, 2026.
How often does InterDigital pay dividends?
InterDigital pays dividends quarterly, with the latest increase set to take effect starting in the fourth quarter of 2026.
What technologies does InterDigital focus on?
InterDigital specializes in wireless, video, AI technologies, and develops foundational technologies for connected communication and entertainment products.
How can I contact InterDigital for more information?
You can reach InterDigital at [email protected] or call +1 (302) 300-1857 for inquiries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$IDCC Insider Trading Activity
$IDCC insiders have traded $IDCC stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $IDCC stock by insiders over the last 6 months:
- RAJESH PANKAJ (Chief Technology Officer) has made 0 purchases and 7 sales selling 7,500 shares for an estimated $2,223,555.
- JOSHUA D. SCHMIDT (CLO & Corp Secretary) has made 0 purchases and 9 sales selling 6,000 shares for an estimated $2,089,259.
- JULIA C MATTIS (Chief Licensing Officer) sold 1,600 shares for an estimated $412,239
- DEREK K ABERLE sold 522 shares for an estimated $144,406
- SAMIR ARMALY sold 470 shares for an estimated $130,020
- JOHN D. JR. MARKLEY sold 400 shares for an estimated $120,000
- JOHN A KRITZMACHER sold 365 shares for an estimated $100,973
- JEAN F RANKIN sold 365 shares for an estimated $100,973
- JOAN H GILLMAN sold 300 shares for an estimated $99,318
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$IDCC Revenue
$IDCC had revenues of $260.2M in Q2 2026. This is a decrease of -13.45% from the same period in the prior year.
You can track IDCC financials on Quiver Quantitative's IDCC stock page.
You can access data on IDCC stock through the Quiver Quantitative API.
$IDCC Hedge Fund Activity
We have seen 242 institutional investors add shares of $IDCC stock to their portfolio, and 362 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 740,461 shares (+12804.1%) to their portfolio in Q2 2026, for an estimated $209,646,722
- PRICE T ROWE ASSOCIATES INC /MD/ added 341,921 shares (+15.0%) to their portfolio in Q2 2026, for an estimated $96,808,092
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 330,430 shares (+inf%) to their portfolio in Q2 2026, for an estimated $93,554,645
- FMR LLC added 307,352 shares (+133.5%) to their portfolio in Q2 2026, for an estimated $87,020,571
- BLACKROCK, INC. added 297,052 shares (+8.2%) to their portfolio in Q2 2026, for an estimated $84,104,332
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 227,855 shares (-54.5%) from their portfolio in Q2 2026, for an estimated $64,512,586
- MILLENNIUM MANAGEMENT LLC removed 194,426 shares (-86.9%) from their portfolio in Q2 2026, for an estimated $55,047,833
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
WILMINGTON, Del., Sept. 09, 2026 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a wireless, video and AI technology research and development company, today announced that its Board of Directors has approved an increase in the company’s quarterly cash dividend from $0.70 to $0.75 per share.
The increase in the regular quarterly dividend will take effect beginning with the dividend paid in fourth quarter 2026. The Board of Directors also declared a regular quarterly cash dividend of $0.75 per share on its common stock, payable on October 28, 2026, to shareholders of record at the close of business on October 14, 2026.
About InterDigital ®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (“AI”), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and today’s most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com .
InterDigital Contact:
[email protected]
+1 (302) 300-1857
