Greif, Inc. Declares Increased Quarterly Dividend From $0.50 To $0.52/Share
Portfolio Pulse from Happy Mohamed
Greif, Inc. (NYSE:GEF, GEF.B) has announced an increase in its quarterly cash dividends from $0.50 to $0.52 per share on its Class A Common Stock, and $0.78 per share on its Class B Common Stock. The dividends will be payable on October 2, 2023, to stockholders of record at the close of business on September 15, 2023.
August 29, 2023 | 2:08 pm
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POSITIVE IMPACT
Greif, Inc. has increased its quarterly dividends, reflecting a commitment to provide value to shareholders. This could potentially attract more investors, positively impacting the stock price.
Dividend increases are generally seen as a positive signal by the market, indicating that a company is confident in its future earnings. This can attract more investors, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100