Adobe Inc. (ADBE)
Adobe Inc. is a multinational software company known for its creative and multimedia software products. Founded in 1982, the company is best known for its Adobe Creative Cloud suite, which includes Photoshop, Illustrator, Premiere Pro, and Acrobat. Adobe has also developed the PDF file format and offers digital marketing and document management solutions. It serves a broad range of industries, including creative professionals, marketers, and enterprises.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 12, 2005 | $0.01 | 2005-03-24 | 2005-03-29 |
| January 11, 2005 | $0.01 | 2004-12-23 | 2004-12-28 |
| October 12, 2004 | $0.01 | 2004-09-24 | 2004-09-28 |
| July 13, 2004 | $0.01 | 2004-06-25 | 2004-06-29 |
| April 13, 2004 | $0.01 | 2004-03-26 | 2004-03-30 |
Dividends Summary
- Adobe Inc. has issued 7 dividend payments over the past 2 years
- The most recent dividend was paid 7466 days ago, on April 12, 2005
- The highest dividend payed out to investors during this period was $0.0125 per share
- The average dividend paid during this period was $0.01 per share.
Company News
Adobe reported strong Q3 results with 11% revenue growth, record $5.99 billion revenue, and expects continued performance in Q4. The company's strategic AI-enabled services, share buybacks, and positive cash flow position it for potential 25% stock price rebound.
Tech markets rallied despite mixed economic signals, with Apple's iPhone 17 launch underwhelming, Microsoft advancing AI chip strategies, and varied earnings performance across tech companies.
Adobe reported record quarterly revenue of nearly $6 billion, with a modest 1% year-over-year growth and 8% increase in adjusted net income. The company emphasized AI integration across its product range, though some investors expected more robust growth.
The synthetic media market is projected to grow from USD 4.96 billion in 2024 to USD 16.84 billion by 2032, driven by AI content adoption, generative AI innovations, and increasing demand across entertainment, marketing, and gaming industries.
The Invesco Large Cap Growth ETF (PWB) is a smart beta exchange-traded fund that seeks to provide capital appreciation while maintaining consistent stylistically accurate exposure. The fund has a focus on the Information Technology sector and top holdings include Apple, Adobe, and Oracle.
