InterDigital, Inc. to Issue Quarterly Dividend of $0.70 (NASDAQ:IDCC)

Posted by Geri Gentry on Jun 12th, 2026

InterDigital, Inc. (NASDAQ:IDCC – Get Free Report) declared a quarterly dividend on Thursday, June 11th. Stockholders of record on Wednesday, July 8th will be paid a dividend of 0.70 per share by the Wireless communications provider on Wednesday, July 22nd. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, July 8th.

InterDigital has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. InterDigital has a payout ratio of 42.4% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect InterDigital to earn $8.57 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 32.7%.

InterDigital Stock Up 9.0%

Shares of NASDAQ IDCC opened at $276.66 on Friday. The firm has a market capitalization of $7.15 billion, a PE ratio of 26.05 and a beta of 1.43. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 0.01. InterDigital has a 1 year low of $213.06 and a 1 year high of $412.60. The firm’s 50-day moving average is $300.87 and its 200-day moving average is $326.69.

InterDigital (NASDAQ:IDCC – Get Free Report) last issued its earnings results on Thursday, April 30th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.54 by $0.03. The company had revenue of $205.42 million for the quarter, compared to analyst estimates of $196.85 million. InterDigital had a net margin of 44.20% and a return on equity of 35.25%. The company’s revenue for the quarter was down 2.4% on a year-over-year basis. During the same quarter last year, the firm earned $3.45 EPS. InterDigital has set its Q2 2026 guidance at 1.410-1.600 EPS and its FY 2026 guidance at 8.740-11.840 EPS. Equities analysts expect that InterDigital will post 7.41 EPS for the current year.

Insider Activity at InterDigital

In other InterDigital news, CTO Rajesh Pankaj sold 750 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $258.38, for a total transaction of $193,785.00. Following the sale, the chief technology officer directly owned 70,976 shares in the company, valued at approximately $18,338,778.88. This trade represents a 1.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Joshua D. Schmidt sold 6,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $348.21, for a total transaction of $2,089,260.00. Following the sale, the insider owned 25,889 shares in the company, valued at $9,014,808.69. This trade represents a 18.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 8,250 shares of company stock worth $2,752,995 over the last 90 days. Corporate insiders own 2.80% of the company’s stock.

Institutional Trading of InterDigital

Hedge funds have recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD raised its holdings in shares of InterDigital by 62.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,222,111 shares of the Wireless communications provider’s stock valued at $707,477,000 after purchasing an additional 854,845 shares during the last quarter. Norges Bank acquired a new stake in shares of InterDigital in the fourth quarter valued at approximately $128,918,000. Royal Bank of Canada raised its holdings in shares of InterDigital by 375.7% in the first quarter. Royal Bank of Canada now owns 199,655 shares of the Wireless communications provider’s stock valued at $60,297,000 after purchasing an additional 157,687 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of InterDigital by 135.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 219,388 shares of the Wireless communications provider’s stock valued at $66,255,000 after purchasing an additional 126,328 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of InterDigital by 18.6% in the fourth quarter. Geode Capital Management LLC now owns 787,546 shares of the Wireless communications provider’s stock valued at $251,250,000 after purchasing an additional 123,686 shares during the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

About InterDigital

(Get Free Report)

InterDigital, Inc is a mobile and video technology research and development company that designs and licenses wireless communications and video compression innovations. Its patent portfolio encompasses key standards across 3G, 4G LTE and 5G wireless networks, as well as video and multimedia technologies. By focusing on fundamental technology creation rather than device manufacturing, InterDigital delivers core intellectual property to smartphone manufacturers, chipset vendors and telecommunications operators worldwide.

The company’s principal services include patent licensing, technology evaluation and consulting.