Analog Devices stock heads into Monday: dividend date, CFO talk, and the inflation data shaking chips
Analog Devices shares closed Friday up 0.41% at $355.79, outperforming several chip peers as tech stocks faced pressure from a hotter-than-expected U.S. producer price report. The company’s CFO Richard Puccio is set to speak March 3, which is also the dividend record date for ADI’s newly raised $1.10 quarterly payout.