Dividend Worth Mentioning: Linear Technology Corporation (NASDAQ:LLTC) dividends will reach $0.32 on Nov 30, 2016, and this is why.

Dividend Worth Mentioning: Linear Technology Corporation (NASDAQ:LLTC) dividends will reach $0.32 on Nov 30, 2016, and this is why.

Linear Technology Corporation (NASDAQ:LLTC) is expected to pay $0.32 on Nov 30, 2016. The indicated annual dividend is $1.28. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on Linear Technology Corporation’s current price of $60.59, the dividend is 0.53%. This dividend’s record date is Nov 18, 2016 and the announcement date is Oct 19, 2016. The stock increased 0.63% or $0.38 during the last trading session, hitting $60.59. Linear Technology Corporation (NASDAQ:LLTC) has risen 34.11% since April 13, 2016 and is uptrending. It has outperformed by 30.18% the S&P500.

Linear Technology Corporation is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The company has a market cap of $14.62 billion. The Firm produces power management, data conversion, signal conditioning, radio frequency and interface integrated circuits (ICs) and wireless sensor network products, among others. It has a 29.86 P/E ratio. The Company’s principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other.

Insitutional Activity: The institutional sentiment increased to 1.39 in Q2 2016. Its up 0.06, from 1.33 in 2016Q1. The ratio increased, as 40 funds sold all Linear Technology Corporation shares owned while 135 reduced positions. 42 funds bought stakes while 201 increased positions. They now own 223.42 million shares or 0.27% less from 224.02 million shares in 2016Q1.
Thompson Investment Mngmt last reported 0.86% of its portfolio in the stock. Dekabank Deutsche Girozentrale reported 31,682 shares or 0.02% of all its holdings. Bp Public Limited Com accumulated 0.06% or 31,000 shares. Johnson Inv Counsel Inc holds 0.56% or 362,912 shares in its portfolio. 1St Glob Advsrs accumulated 19,341 shares or 0.12% of the stock. The Illinois-based Nuveen Asset Mgmt Lc has invested 0.03% in Linear Technology Corporation (NASDAQ:LLTC). Freestone Lc holds 0.21% or 45,558 shares in its portfolio. Royal London Asset Management Ltd accumulated 81,379 shares or 0.06% of the stock. The Massachusetts-based Commonwealth Equity Svcs Incorporated has invested 0.07% in Linear Technology Corporation (NASDAQ:LLTC). Franklin Incorporated holds 0.08% of its portfolio in Linear Technology Corporation (NASDAQ:LLTC) for 3.34M shares. Baillie Gifford accumulated 535,108 shares or 0.04% of the stock. Piedmont Advsrs Ltd Limited Liability Company holds 7 shares or 0% of its portfolio. South State accumulated 0.04% or 5,600 shares. Diam Ltd reported 21,503 shares or 0.01% of all its holdings. State Common Retirement Fund holds 1.82 million shares or 0.12% of its portfolio.

Insider Transactions: Since October 25, 2016, the stock had 0 insider purchases, and 5 insider sales for $3.54 million net activity. 3,000 shares with value of $180,681 were sold by QUARLES DAVID A on Tuesday, October 25. Shares for $10,320 were sold by DOBKIN ROBERT C. PAULUS DONALD E sold $602,399 worth of Linear Technology Corporation (NASDAQ:LLTC) on Tuesday, October 25. 20,598 shares with value of $1.24M were sold by SWANSON ROBERT H JR on Friday, October 28.

Linear Technology Corporation (NASDAQ:LLTC) Ratings Coverage

Out of 13 analysts covering Linear Technology Corporation (NASDAQ:LLTC), 2 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 15% are positive. Linear Technology Corporation has been the topic of 22 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The rating was initiated by CLSA with “Underperform” on Tuesday, May 17. As per Wednesday, July 27, the company rating was upgraded by Citigroup. Pacific Crest upgraded the stock to “Sector Weight” rating in Wednesday, July 27 report. The rating was downgraded by Drexel Hamilton on Wednesday, July 22 to “Hold”. The stock of Linear Technology Corporation (NASDAQ:LLTC) has “Outperform” rating given on Thursday, July 23 by Oppenheimer. Morgan Stanley downgraded Linear Technology Corporation (NASDAQ:LLTC) on Wednesday, July 27 to “Equal-Weight” rating. As per Thursday, June 2, the company rating was initiated by Goldman Sachs. On Wednesday, July 27 the stock rating was maintained by Goldman Sachs with “Neutral”.

More news for Linear Technology Corporation (NASDAQ:LLTC) were recently published by: Nasdaq.com, which released: “Earnings Reaction History: Linear Technology Corporation, 77.8% Follow-Through …” on October 18, 2016. Businesswire.com‘s article titled: “Linear Technology Stockholders Approve Merger Agreement With Analog Devices” and published on October 18, 2016 is yet another important article.

LLTC Company Profile

Linear Technology Corporation, incorporated on October 20, 2000, is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The Firm produces power management, data conversion, signal conditioning, radio frequency (RF) and interface integrated circuits (ICs) and wireless sensor network products, among others. The Company’s principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other. The Company’s products provide a bridge between analog world and the digital electronics in communications, networking, industrial, transportation, computer, medical, instrumentation, consumer, and military and aerospace systems.

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