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Jan 30, 2021

Analog Devices Q1 2021 Earnings Report

Analog Devices announced an increase in its quarterly dividend.

Key Takeaways

Analog Devices increased its quarterly dividend by 11% from $0.62 to $0.69 per share, marking the 18th increase in the last 17 years. The company has consistently paid dividends for 69 quarters, returning $7 billion to shareholders through dividends.

Quarterly dividend increased by 11% to $0.69 per share.

Represents an annual dividend of $2.76.

18th dividend increase in the last 17 years.

Company has returned $7 billion to shareholders through dividends.

Total Revenue
$1.56B
Previous year: $1.3B
+19.5%
EPS
$1.44
Previous year: $1.03
+39.8%
Gross Profit
$1.05B
Previous year: $848M
+23.3%
Cash and Equivalents
$1.05B
Previous year: $654M
+60.2%
Free Cash Flow
$7B
Previous year: $295M
+2274.4%
Total Assets
$21.4B
Previous year: $21.4B
+0.3%

Analog Devices

Analog Devices

Forward Guidance

Analog Devices is committed to returning 100% of its free cash flow to shareholders and is well-positioned for sustained long-term growth due to its diverse business and alignment with important secular trends.

Positive Outlook

  • Robust cash generation
  • Strong free cash flow margin
  • Commitment to returning 100% of free cash flow to shareholders
  • Diverse business
  • Alignment to important secular trends