Noteworthy Dividend Flows: This is why InterDigital, Inc. (NASDAQ:IDCC) will be paying investors dividends of $0.30 on Oct 26, 2016.

Noteworthy Dividend Flows: This is why InterDigital, Inc. (NASDAQ:IDCC) will be paying investors dividends of $0.30 on Oct 26, 2016.

InterDigital, Inc. (NASDAQ:IDCC) is expected to pay $0.30 on Oct 26, 2016. The indicated annual dividend is $1.20. Shareholders owning the stock before Oct 7, 2016 will be eligible to receive the payout. Based on InterDigital, Inc.’s current price of $78.33, the dividend is 0.38%. This dividend’s record date is Oct 12, 2016 and the announcement date is Sep 22, 2016. The stock increased 0.32% or $0.25 during the last trading session, hitting $78.33. InterDigital, Inc. (NASDAQ:IDCC) has risen 47.49% since March 3, 2016 and is uptrending. It has outperformed by 39.14% the S&P500.

InterDigital, Inc. designs and develops technologies for wireless communications. The company has a market cap of $2.67 billion. The Firm has designed and developed a range of technologies that are used in digital cellular and wireless products and networks, including second generation , third generation (3G), fourth generation (4G) and IEEE 802 related products and networks. It has a 22.15 P/E ratio. The Company’s subsidiaries hold a portfolio of approximately 20,400 patents and patent applications related to a range of technologies, including the fundamental technologies that enable wireless communications.

Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.07, from 0.99 in 2016Q1. The ratio dived, as 19 funds sold all InterDigital, Inc. shares owned while 73 reduced positions. 22 funds bought stakes while 63 increased positions. They now own 23.06 million shares or 2.63% less from 23.68 million shares in 2016Q1.
Shell Asset owns 7,438 shares or 0.01% of their US portfolio. Capstone Investment Advsr Ltd Co has 0% invested in the company for 3,912 shares. Goldman Sachs Group last reported 0.01% of its portfolio in the stock. Wfg Lp accumulated 885 shares or 0.01% of the stock. Winslow Evans And Crocker accumulated 100 shares or 0% of the stock. Price T Rowe Associate Incorporated Md holds 0% of its portfolio in InterDigital, Inc. (NASDAQ:IDCC) for 13,950 shares. Tradewinds Capital Ltd Liability reported 330 shares or 0.01% of all its holdings. Kcg Holdg reported 6,308 shares or 0.01% of all its holdings. Blackrock Fund Advsr accumulated 0.02% or 1.82 million shares. Fmr Limited Liability owns 783,656 shares or 0.01% of their US portfolio. The Missouri-based Stifel has invested 0.01% in InterDigital, Inc. (NASDAQ:IDCC). Moreover, Alps Advsrs Incorporated has 0% invested in InterDigital, Inc. (NASDAQ:IDCC) for 7,610 shares. Wells Fargo Mn last reported 0% of its portfolio in the stock. Moreover, Arrowgrass Prns (Us) L P has 0.03% invested in InterDigital, Inc. (NASDAQ:IDCC) for 55,117 shares. California State Teachers Retirement Systems last reported 0.01% of its portfolio in the stock.

InterDigital, Inc. (NASDAQ:IDCC) Ratings Coverage

Out of 4 analysts covering InterDigital (NASDAQ:IDCC), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. $75 is the highest target while $55 is the lowest. The $70 average target is -10.63% below today’s ($78.33) stock price. InterDigital has been the topic of 8 analyst reports since August 11, 2015 according to StockzIntelligence Inc. On Tuesday, February 23 the stock rating was initiated by B. Riley & Co with “Buy”. As per Monday, September 26, the company rating was downgraded by B. Riley & Co. The stock of InterDigital, Inc. (NASDAQ:IDCC) earned “Neutral” rating by Dougherty & Company on Wednesday, October 5. Barclays Capital maintained the stock with “Equal Weight” rating in Wednesday, November 11 report. On Friday, September 9 the stock rating was maintained by Barclays Capital with “Equal Weight”. The stock has “Buy” rating given by Sidoti on Tuesday, September 29. The firm has “Buy” rating by Zacks given on Tuesday, August 11.

More recent InterDigital, Inc. (NASDAQ:IDCC) news were published by: Fool.com which released: “Is InterDigital Inc a Buy?” on September 28, 2016. Also Zacks.com published the news titled: “Bull of the Day: InterDigital Inc. (IDCC)” on September 20, 2016. Benzinga.com‘s news article titled: “Barclays On InterDigital: IoT Goal Conservative, Sees Continued Capital Returns” with publication date: September 23, 2016 was also an interesting one.

IDCC Company Profile

InterDigital, Inc., incorporated on March 23, 2007, creates and develops technologies for wireless communications. The Firm 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’s subsidiaries hold a portfolio of approximately 20,400 patents and patent applications related to a range of technologies, including the fundamental technologies that enable wireless communications. Products integrating its technologies include mobile devices, such as cellular phones, tablets, notebook computers and wireless personal digital assistants; wireless infrastructure equipment, such as base stations, and components, dongles and modules for wireless devices. The Firm is focused on approximately two technology areas: cellular wireless technology and Internet of Things (IoT) technology.

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