InterDigital (NASDAQ:IDCC) is dialing in another dividend payment. The company this week declared a quarterly distribution of $0.10 per share to be paid on July 24 to shareholders of record as of July 10.
That amount matches all of the firm's previous regular disbursements, the most recent of which was paid in late April. InterDigital also handed out a $1.50-per-share special dividend last December.
The firm is a relative newcomer to shareholder distributions, having initiated them in early 2011.
The just-declared dividend annualizes to $0.40 per share. That yields 0.9% at InterDigital's most recent closing stock price of $45.58.
Fool contributor Eric Volkman has no position in InterDigital. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.