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Analog Devices (ADI) Boosts Quarterly Dividend by 11.1%
Analog Devices (ADI) has announced an 11.1% increase in its quarterly dividend, raising it to $1.10 per share. This move, while reflecting a commitment to shareholder value, comes amidst challenges such as declining revenue per share and gross margin. The stock is currently trading at a premium valuation, with high institutional ownership but a trend of insider selling.