Johnson Outdoors Increases Quarterly Cash Dividend Of $0.33 Per Class A share And $0.30 Per Class B Share, Payable On October 27, 2023, To Shareholders Of Record At The Close Of Business On October 13, 2023
Portfolio Pulse from Benzinga Newsdesk
Johnson Outdoors has announced an increase in its quarterly cash dividend to $0.33 per Class A share and $0.30 per Class B share. The dividend will be payable on October 27, 2023, to shareholders of record at the close of business on October 13, 2023.
September 29, 2023 | 10:07 am
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POSITIVE IMPACT
Johnson Outdoors' decision to increase its quarterly cash dividend could be a positive signal to 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 Johnson Outdoors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100