Linear Technology increases dividend for 25th consecutive year

Linear Technology (LLTC) will hike its dividend by 3.1%.

Linear Technology, a manufacturer of high performance linear integrated circuits, will raise its quarterly dividend to $0.33 per share, marking the 25th consecutive year with an annual dividend increase.

The increased cash dividend of $0.33 per share will be paid on March 7, 2017 to stockholders of record on February 24, 2017. The new dividend yield for Linear Technology is 2.1%.

Linear technology logo
Linear Technology Corporation designs, manufactures and markets a line of analog integrated circuits. Last year the dividend was raised by 6.7%. The 25 year track record is rare for a tech company, with many well known names in the sector starting their dividend payments much later.

Dividend Headlines

Nucor announces biggest dividend hike since 2007

McCormick keeps rewarding shareholders with higher dividends

Realty Income | Monthly dividend up 5.1% YOY in 2021