Zurn Elkay Water Solutions Raises Quarterly Dividend From $0.07 To $0.08 Per Share
Portfolio Pulse from Benzinga Newsdesk
Zurn Elkay Water Solutions Corporation (NYSE:ZWS) has announced a 14% increase in its quarterly common stock dividend from $0.07 to $0.08 per share. The dividend will be payable in cash on December 7, 2023 to stockholders of record as of November 20, 2023.
October 19, 2023 | 5:45 pm
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Zurn Elkay Water Solutions Corporation has increased its quarterly dividend by 14%, 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 is confident in its future earnings. This could potentially attract more income-focused investors, driving up demand for the stock and positively impacting its price in the short term.
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