Linear Technology Corporation(LLTC) Declares Dividend of $0.3300.

Linear Technology Corporation (LLTC) had declared a cash dividend of $0.3300 on Jan 17, 2017. The shares will quote ex-dividend on Feb 22, 2017 and the record date has been fixed for Feb 24, 2017. Based on Feb 22, 2017 share price, the yield comes out to be 2.12%. The dividend payable date has been fixed on Mar 7, 2017.

Linear Technology Corporation (LLTC) shares turned negative on Wednesdays trading session with the shares closing down -0.3 points or -0.46% at a volume of 38,90,946. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $64.82. The peak price level was also seen at $64.82 while the days lowest was $64.45. Finally the shares closed at $64.68. The 52-week high of the shares is $65.03 while the 52-week low is $41.77. According to the latest information available, the market cap of the company is $15,573 M.

Linear Technology Corporation(LLTC) last announced its earnings results on Jan 17, 2017 for Fiscal Year 2017 and Q2.Company reported revenue of $375.817M. Analysts had an estimated revenue of $373.760M. Earnings per share were $0.54. Analysts had estimated an EPS of $0.53.

Several Insider Transactions has been reported to the SEC. On Feb 6, 2017, David A Quarles (VP INTERNATIONAL SALES) sold 3,013 shares at $63.30 per share price.Also, On Jan 30, 2017, Robert H Jr Swanson (Executive Chairman) sold 38,529 shares at $62.97 per share price.On Nov 29, 2016, Donald E Paulus (VP & GM POWER BUSINESS UNIT) sold 4,370 shares at $62.42 per share price, according to the Form-4 filing with the securities and exchange commission.

Linear Technology Corporation (Linear Technology) is engaged in designing manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management data conversion signal conditioning RF and interface ICs Module subsystems and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Company’s SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components board level products with mesh networking and software addressing high level applications such as industrial process automation data center energy management building energy management renewable energy monitoring and transportation management systems.

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