On February 18, 2025, Analog Devices, Inc. announced that its Board of Directors voted to increase the quarterly cash dividend by 8% to $0.99 per outstanding share of common stock. This marks the twenty-first consecutive year of dividend increases for the company, reflecting a consistent commitment to shareholder returns.
Additionally, the Board authorized an increase of $10.0 billion to the existing share repurchase program. This brings the total remaining share repurchase authorization to approximately $11.5 billion, providing substantial flexibility for future buybacks.
CEO Vincent Roche stated that ADI's resilient business model and track record of profitable growth enable the company to return 100% of free cash flow to shareholders over the long term, split between dividends and share repurchases. The dividend increase is effective with the payment on March 17, 2025, to shareholders of record as of March 4, 2025.
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