Analog Devices announced Tuesday evening that its Board of Directors has decided to increase its quarterly dividend by 7% to $0.92 per share, effective from the payment scheduled for March 15.

The semiconductor manufacturer points out that it has paid a dividend for 80 consecutive quarters, totaling over $11 billion in cash returned to shareholders in the form of dividends.

In the last five years alone, Analog Devices has generated a return of over $15 billion, or more than 15% of our market capitalization, in the form of dividends and share buybacks", adds CEO Vincent Roche.

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