Gaming and Leisure Properties Increases Quarterly Dividend From $0.72 To $0.73
Portfolio Pulse from Happy Mohamed
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) has announced an increase in its third quarter 2023 cash dividend from $0.72 to $0.73 per share. The dividend will be payable on September 29, 2023 to shareholders of record on September 15, 2023. Future dividends will be reviewed and declared quarterly by the Board of Directors.
August 31, 2023 | 12:08 pm
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Gaming and Leisure Properties has increased its Q3 2023 dividend, which may be seen as a positive sign by investors, potentially leading to a short-term increase in the stock price.
Dividend increases are often seen as a sign of a company's strong financial health. As such, this news could lead to increased investor confidence in GLPI, potentially driving up the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100