Host Hotels & Resorts Boosts Regular Quarterly Cash Dividend By 20% From $0.15 To $0.18 Per Share
Portfolio Pulse from Benzinga Newsdesk
Host Hotels & Resorts has increased its regular quarterly cash dividend by 20% from $0.15 to $0.18 per share. The dividend will be payable on October 16, 2023, to stockholders of record on September 30, 2023.
September 14, 2023 | 8:32 pm
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POSITIVE IMPACT
Host Hotels & Resorts has increased its quarterly cash dividend by 20%, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating that a company's financial health is strong. This could potentially lead to an increase in the stock price as it may attract more income-focused investors.
CONFIDENCE 90
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