Logitech Increases Dividend by Nearly 8%
Logitech International (LOGI) has increased its fiscal 2026 cash dividend to CHF 1.36 per share, a roughly 8% rise from the previous year's payout of CHF 1.26. The move reflects strong earnings and product momentum as Logitech continues to return value to shareholders through dividends and buybacks. The company reported robust first-quarter fiscal 2027 results with revenue up 7%, a significant increase in gross margin, and GAAP operating income rising by 60% year-over-year. These financial gains were supported by $61 million in tariff refunds that positively impacted margins. Logitech also completed its $1.6 billion share repurchase program and launched a new three-year buyback plan worth $1.4 billion. The dividend increase aligns with broader trends of rising payouts across the technology sector, where core dividends grew 26.3% year-over-year in Q2 2026. Logitech's stock currently trades at a discount to its peers and offers an attractive valuation based on earnings and cash flow multiples.
Tickers: $LOGI
Topics: dividends earnings technology stocks