Report
Brian Colello
EUR 100.00 For Business Accounts Only

ADI Reports Solid 1Q Results Along With a Strong Dividend Boost; Raising FVE to $98 from $96

Analog Devices reported solid fiscal first-quarter results and provided investors with a second-quarter forecast that was squarely in line with our expectations, as the company adequately navigated a difficult demand environment and continued to see decent demand for communication infrastructure products associated with 5G network buildouts. We were also pleased to see ADI boost its quarterly dividend by 12.5% to $0.54 per share while raising its target for annual increases to 15% from 7%, as we...
Underlying
Analog Devices Inc.

Analog Devices is an analog technology company. The company designs, manufactures, and markets a portfolio of solutions, including integrated circuits, algorithms, software, and subsystems. The company's analog products include data converter that translate real-world analog signals into digital data and also translate digital data into analog signals, amplifiers that condition analog signals, and power management and reference products that include functions such as power conversion, driver monitoring, sequencing and energy management. The company's digital signal processing products are designed to execute software programs, or algorithms, associated with processing digitized real-time, real-world data.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brian Colello

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