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posted: 11/19/2020 2:27 PM

Motorola Solutions increases quarterly dividend

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CHICAGO -- Motorola Solutions Inc. Thursday announced its board of directors has increased its regular quarterly dividend by 11% to 71 cents per share. The next quarterly dividend will be payable in cash on Jan. 15 to shareholders of record at the close of business on Dec. 15.

In October, Motorola Solutions reported third-quarter net income of $205 million. The company is a leading producer of mission-critical communications and analytics. It's technology platforms include police command center software and video security and analytics, bolstered by its management and support services.