Replies to post #426336 on InterDigital Inc (IDCC)

[Monterey2000]

If you are speaking of this article, the article incorrectly states the next quarterly dividend amount at thirty (30) cents per share when it should be thiry-five (35) cents per share. I stopped reading after that.

It Might Be Better To Avoid InterDigital, Inc.'s (NASDAQ:IDCC) Upcoming 0.7% Dividend

"InterDigital's next dividend payment will be US$0.3 per share. Last year, in total, the company distributed US$1.4 to shareholders."

[Rakitno]

This is wrong.

The calculation does not take into account Huawei revenue last year that did not show up in earnings due to a change in Revenue Recognition GAAP standards.

Full year 2018 recurring revenue was $280 million. Under ASC 605, recurring revenue for full year 2018 would have been $365.

That's $85 million of "earnings" that were not included in that calculation.

The headline should be ... Interdigital dividends last year were roughly 40% of earnings under ASC 605.