Terreno Realty Corporation Increases Quarterly Dividend From $0.40 To $0.45/Share
Portfolio Pulse from Happy Mohamed
Terreno Realty Corporation (NYSE:TRNO) has increased its quarterly dividend from $0.40 to $0.45 per share, a 12.5% increase. The dividend will be payable on October 13, 2023 to common stockholders of record at the close of business on September 29, 2023. The company also filed its quarterly report on Form 10-Q for the quarter ended June 30, 2023 with the U.S. Securities and Exchange Commission.
August 04, 2023 | 12:27 pm
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Terreno Realty Corporation has increased its quarterly dividend by 12.5%, which could make the stock more attractive to income-focused investors. The company's recent filing of its quarterly report could also provide further insights into its financial health.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This could potentially lead to an increase in the stock price in the short term. The filing of the quarterly report could also provide investors with further insights into the company's financial health, which could also impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100