InterDigital(NASDAQ:IDCC) Declares Dividend of $0.2000.

InterDigital (NASDAQ:IDCC) had declared a cash dividend of $0.2000 on Jun 9, 2016. The shares will quote ex-dividend on Jul 11, 2016 and the record date has been fixed for Jul 13, 2016. On Jun 9, 2016 share price, the yield comes out to be 1.3470%. The dividend payable date has been fixed on Jul 27, 2016.

InterDigital (IDCC) shares turned negative on Wednesdays trading session with the shares closing down -0.02 points or -0.03% at a volume of 2,12,927. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $58.8025. The peak price level was also seen at $58.8025 while the days lowest was $58.08. Finally the shares closed at $58.43. The 52-week high of the shares is $60.41 while the 52-week low is $41.01. According to the latest information available, the market cap of the company is $2,020 M.

InterDigital(IDCC) last announced its earnings results on Apr 28, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $107.76M. Analysts had an estimated revenue of $101.36M. Earnings per share were $0.79. Analysts had estimated an EPS of $0.78.

Several Insider Transactions has been reported to the SEC. On Feb 24, 2016, William J Merritt (President and CEO) sold 5,000 shares at $50.00 per share price.Also, On Jul 20, 2015, Jannie K Lau (EVP, General Counsel & Sec.) sold 1,604 shares at $57.50 per share price.On Jun 22, 2015, Robert S Roath (director) sold 7,992 shares at $59.31 per share price, according to the Form-4 filing with the securities and exchange commission.

InterDigital Inc. (InterDigital) designs and develops advanced technologies for wireless communications. The Company has designed and developed a range of technologies that are used in digital cellular and wireless products and networks including second generation (2G) third generation (3G) fourth generation (4G) and IEEE 802 related products and networks. The Company is engaged in developing cellular technologies including those related to code division multiple access (CDMA) and time division multiple access (TDMA) and orthogonal frequency division multiplexing/ orthogonal frequency division multiple access (OFDM/OFDMA) and multiple input multiple output (MIMO). The Company’s wireless background includes engineering and corporate development activities that focus on solutions that apply to other wireless market segments.

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