First American Financial Increases Quarterly Cash Dividend By 2% From $0.52 To $0.53 Per Share
Portfolio Pulse from Benzinga Newsdesk
First American Financial (FAF) has announced a 2% increase in its quarterly cash dividend from $0.52 to $0.53 per share. The dividend will be payable on September 15, 2023, to shareholders of record as of September 8, 2023.
August 22, 2023 | 9:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
First American Financial's decision to increase its quarterly cash dividend may be seen as a positive sign by investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often viewed positively by investors as they indicate a company's strong financial health and commitment to returning capital to shareholders. This could lead to increased demand for FAF's shares, potentially driving up the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100