Company: IDCC
Filing Date: 2025-02-06
Form Type: 10-K
Source: 0001405495-25-000011
Chunk: 83

Company: InterDigital, Inc.
Filing Date: 2025-02-06
Form: 10-K
Item: Item 5
Chunk 83
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Item 5.     MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.

Market Information

The Nasdaq Global Select Market (“Nasdaq”) is the principal market for our common stock, which is traded under the symbol "IDCC."

Holders

As of February 4, 2025, there were 389 holders of record of our common stock.

Dividends

Cash dividends on outstanding common stock declared in 2024 and 2023 were as follows (in thousands, except per share data): 

2024Per ShareTotalCumulative by Fiscal YearFirst quarter$0.40 $10,155 $10,155 Second quarter0.40 10,052 20,207 Third quarter0.45 11,366 31,573 Fourth quarter0.45 11,557 43,130 $1.70 $43,130 2023First quarter$0.35 $9,449 $9,449 Second quarter0.35 9,273 18,722 Third quarter0.40 10,348 29,070 Fourth quarter0.40 10,226 39,296 $1.50 $39,296 

We increased the quarterly cash dividend by $0.05 per share in both 2023 and 2024 to raise the dividend payable from $0.35 to $0.45 per share. In February 2025, we announced an additional increase in the quarterly cash dividend by $0.15 per share, beginning with the quarterly dividend payable in second quarter 2025. We currently expect to continue to pay dividends in accordance with our dividend policy; however, continued payment of cash dividends and changes in the Company's dividend policy will depend on the Company's earnings, financial condition, capital resources and capital requirements, alternative uses of capital, restrictions imposed by any existing debt, economic conditions and other factors considered relevant by our Board of Directors.

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Table of Contents

Performance Graph

The following graph compares five-year total shareholder return on common stock with the cumulative total returns of the Nasdaq Telecommunications index and the Russell 2000 index. The graph tracks the performance of a $100 investment in our common stock and in each index (with the reinvestment of all dividends) from 12/31/2019 to 12/31/202