Greenbrier Board Increases Quarterly Dividend By 11% From $0.27 To $0.30 Per Share
Portfolio Pulse from Benzinga Newsdesk
The board of Greenbrier has decided to increase its quarterly dividend by 11% from $0.27 to $0.30 per share. The dividend will be payable on August 8, 2023, to shareholders of record as of July 18, 2023.
June 29, 2023 | 10:10 am
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POSITIVE IMPACT
Greenbrier's decision to increase its quarterly dividend by 11% could be a positive signal to investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often seen as a sign of a company's strong financial health. This could attract more investors to buy the stock, potentially leading to a short-term increase in the stock price. However, the actual impact will depend on other market factors.
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