LONDON, UK / ACCESSWIRE / April 19, 2018 / Active-Investors has a free review on InterDigital, Inc. (NASDAQ: IDCC) following the Company's announcement that it will begin trading ex-dividend on April 20, 2018. To capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on April 19, 2018. Active-Investors has initiated due-diligence on this dividend stock. Register with us for more free research including the one on IDCC:

www.active-investors.com/registration-sg/?symbol=IDCC

If your portfolio includes dividend stocks, you have come to the right place for timely information. All you need to do is sign up for your free membership at:

www.active-investors.com/registration-sg

Dividend Declared

On March 09, 2018, InterDigital announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share on its common stock, payable on May 01, 2018 to shareholders of record at the close of business on April 23, 2018.

InterDigital's indicated dividend represents a yield of 1.77%, which is substantially higher than the average dividend yield of 1.08% for the Technology sector. The Company has raised dividend for four years in a row.

Dividend Insight

InterDigital has a dividend payout ratio of 88.6%, which means that the Company spends approximately $0.89 for dividend distribution out of every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, InterDigital is forecasted to report earnings of $2.17 for the next year, which is comfortably higher than the Company's annualized dividend of $1.40 per share.

In the fourth quarter 2017, InterDigital recorded $217.5 million of cash provided by operating activities compared to $233.3 million in Q4 2016. The Company generated $207.7 million of free cash flow in Q4 2017 compared to $222.5 million in Q4 2016. InterDigital's ending cash and short-term investments totaled $1.2 billion. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for InterDigital

On April 04, 2018, InterDigital, announced that the Company's patent licensing subsidiaries have signed a multi-year, worldwide, non-exclusive, royalty-bearing patent license agreement with Kyocera Corp.

The agreement covers sales by Kyocera Corporation and its affiliates of terminal unit products designed to operate in accordance with WCDMA and LTE standards, providing Kyocera expanded coverage for products in addition to those covered under their existing license agreement with InterDigital.

About InterDigital, Inc.

InterDigital develops mobile technologies that are at the core of devices, networks, and services worldwide. The Company solves many of the industry's most critical and complex technical challenges, inventing solutions for more efficient broadband networks and a richer multimedia experience year ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world's leading wireless companies.

Founded in 1972, InterDigital is included in the S&P Midcap 400® index.

Stock Performance Snapshot

April 18, 2018 - At Wednesday's closing bell, InterDigital's stock slightly declined 0.31%, ending the trading session at $79.75.

Volume traded for the day: 252.81 thousand shares.

Stock performance in the last month ? up 8.14%; previous three-month period ? up 0.25%; past six-month period ? up 6.98%; and year-to-date ? up 4.73%

After yesterday's close, InterDigital's market cap was at $2.76 billion.

Price to Earnings (P/E) ratio was at 13.13.

The stock has a dividend yield of 1.76%.

The stock is part of the Technology sector, categorized under the Wireless Communications industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors