Analog Devices, Inc. (ADI) to Issue Quarterly Dividend of $1.10 on September 15th

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

Analog Devices has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 23 years. Analog Devices has a dividend payout ratio of 49.3% meaning its dividend is sufficiently covered by earnings. 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 0.8%

Shares of NASDAQ ADI opened at $370.24 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.34 and a current ratio of 1.25. Analog Devices has a 1 year low of $223.47 and a 1 year high of $445.91. The stock’s 50-day simple moving average is $389.14 and its 200-day simple moving average is $371.10. The firm has a market cap of $180.34 billion, a price-to-earnings ratio of 43.92, a PEG ratio of 0.97 and a beta of 1.20.

Analog Devices (NASDAQ:ADI) last issued its quarterly earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 EPS for the quarter, beating analysts’ consensus estimates of $3.34 by $0.11. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. During the same quarter in the prior year, the business posted $2.05 earnings per share. Analog Devices’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. As a group, equities analysts anticipate that Analog Devices will post 12.42 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently commented on ADI shares. JPMorgan Chase & Co. increased their target price on Analog Devices from $450.00 to $500.00 and gave the company an “overweight” rating in a research note on Thursday. BMO Capital Markets began coverage on shares of Analog Devices in a research note on Thursday. They issued an “outperform” rating and a $430.00 price target for the company. Wolfe Research reaffirmed an “outperform” rating and issued a $475.00 price target on shares of Analog Devices in a report on Thursday, May 21st. Barclays increased their price objective on shares of Analog Devices from $430.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Finally, TD Cowen reissued a “buy” rating and set a $460.00 price objective on shares of Analog Devices in a report on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $447.13.

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.