Getty Realty Corp. Announces Increased Quarterly Cash Dividend From $0.43 To $0.45 Per Share
Portfolio Pulse from Happy Mohamed
Getty Realty Corp. (NYSE:GTY) has announced a 4.7% increase in its quarterly cash dividend from $0.43 to $0.45 per share. The dividend will be payable on January 11, 2024 to holders of record on December 28, 2023.
October 24, 2023 | 8:33 pm
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Getty Realty Corp. has increased its quarterly cash dividend by 4.7%, which may make the stock more attractive to income-focused investors.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could potentially attract more investors, driving up the demand and price of the stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100