Analog Devices (ADI) Combines Innovation and Income in the Best S&P 500 Dividend Stocks

Analog Devices, Inc. (NASDAQ:ADI) is included among the 10 Best S&P 500 Dividend Stocks to Invest in.

Analog Devices, Inc. (NASDAQ:ADI) is a leading player in the semiconductor sector, developing products tailored to a wide range of market demands. Its main focus lies in researching, designing, and producing high-performance analog, mixed-signal, and digital signal processing integrated circuits, which are essential for capturing and processing real-world data in electronic systems.

Analog Devices, Inc. (NASDAQ:ADI) has emphasized new product introductions and strategic collaborations, with initiatives such as the CodeFusion Studio and the ADI Assure Trusted Edge Security Architecture. These efforts are aimed at strengthening its technological edge, delivering better solutions for customers, and creating value for shareholders through dividends and share repurchases, highlighted by a recent 8% dividend increase and a $10 billion buyback program.

Analog Devices, Inc. (NASDAQ:ADI) is one of the best dividend stocks to invest in, with 21 consecutive years of dividend growth under its belt. The company’s quarterly dividend comes in at $0.99 per share and has a dividend yield of 1.61%, as of September 21.

While we acknowledge the potential of ADI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.