ResMed Increases Dividend By 9% From $0.44 To $0.48 Per Share
Portfolio Pulse from Benzinga Newsdesk
ResMed has announced a 9% increase in its dividend from $0.44 to $0.48 per share. The dividend will have a record date of August 17, 2023, and will be payable on September 21, 2023.
August 04, 2023 | 2:36 pm
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ResMed's dividend increase may attract income-focused investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often seen as a sign of a company's financial health and can attract income-focused investors. This could increase demand for ResMed's stock, potentially leading to a short-term increase in its price.
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