On December 14, 2023, Analog Devices (NASDAQ:ADI) will distribute a dividend payout of $0.86 per share, equating to an annualized dividend yield of 1.87%. Shareholders who owned the stock before the ex-dividend date on December 01, 2023 will receive this payout.
The Dow Jones gained more than 500 points to a new high for the year as investors assessed the recent PCE data. The Dow gained around 8.9% in November, snapping its three-month losing streak, while the S&P 500 gained 8.9% last month.
U.S. stocks closed mixed in holiday-shortened trading session on Friday, ahead of the major shopping season. All three major indices, meanwhile, recorded their fourth straight weekly gains.