InterDigital (IDCC) Initiates Quarterly Dividend at $0.10; Yields 1%

InterDigital, Inc. (Nasdaq: IDCC) is pleased to announce that its Board of Directors has approved the company's initial dividend policy, pursuant to which the company will pay a regular quarterly cash dividend of $0.10 per share on its common stock, or $0.40 on an annual basis. The Board has declared the first quarterly cash dividend to be payable on February 2, 2011 to shareholders of record of the company's common stock at the close of business on January 12, 2011. The ex-dividend date is January 10, 2011. Yield on the dividend is 1%.... Read more

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