Analog Devices (ADI) Dividends & Splits

Analog Devices Inc (ADI) has a long history of providing stable dividends to its shareholders. The company has a dividend yield of 2.3%, which is calculated by dividing the annual dividend payment by the stock price. ADI has a relatively low payout ratio of 35%, indicating that it retains a significant portion of its earnings for reinvestment in the business. The dividend ex-date for ADI is typically set one business day before the record date, which is when shareholders must be on record to receive the dividend payment.

In terms of splits, Analog Devices Inc has undergone two splits in its history. The first split occurred in 2000, when the stock was split 2-for-1. The second split took place in 2003, also at a 2-for-1 ratio. These splits effectively reduced the price of the stock and increased the number of shares outstanding. The split multiple, which is the ratio of shares outstanding before and after the split, is 1:2 for both instances. This means that for every one share held before the split, shareholders received two shares after the split.