Analog Devices Raises Dividend 11% to $1.10, Extends 22-Year Streak
Analog Devices’ board approved an 11% quarterly dividend increase to $1.10, marking 22 consecutive years of higher payouts. The company has generated free cash flow for 29 straight years and returned over $32 billion through dividends and share repurchases.
1. Dividend Increase and Timeline
The Board of Directors approved an 11% hike in the quarterly dividend to $1.10 per share, effective with the March 17, 2026 payment to shareholders of record on March 3, 2026. This marks the 22nd consecutive year of annual dividend increases under the capital return program.
2. Free Cash Flow and Returns to Shareholders
Analog Devices has delivered positive free cash flow for 29 consecutive years and has returned over $32 billion to shareholders through dividends and share repurchases since launching its capital return program. Management commits 100% of free cash flow to shareholder returns over the long term.
3. Strategic R&D Investments
The company continues to strategically allocate R&D spending toward high-growth opportunities across automation, mobility, healthcare and data centers. Strong free cash flow generation supports sustained investment in new technologies while maintaining robust capital returns.