Regions Financial Corporation Increases Quarterly Common Dividend To $0.24
Portfolio Pulse from Happy Mohamed
Regions Financial Corporation (NYSE:RF) has announced an increase in its quarterly common dividend to $0.24, a 20% increase over the previous dividend. The dividend will be paid in October 2023. The Board also declared cash dividends on its Series B, C, D, and E preferred shares.
July 19, 2023 | 8:35 pm
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Regions Financial Corporation has increased its quarterly common dividend by 20% to $0.24. This could make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could lead to increased demand for the stock, potentially driving up the price in the short term.
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