04:50 PM EDT, 07/06/2015 (MT Newswires) --
InterDigital (IDCC) increased the conversion rate on its 2.5% senior convertible
notes due 2016 in connection with the 3Q dividend of $0.20 per
share to 18.1426 shares of common stock per $1,000 principal
amount, the company said on Monday. The previous rate wasn't given.
The rate is effective Monday, the ex-dividend date for the regular quarterly
dividend. InterDigital's stock was flat after the bell, following an increase of
1.4% to trade near the upper half of its 52-week range of $38.64
to $60.69.