Murphy USA Inc. Increases Dividend By 5.1% From $0.39 To $0.41/Share
Portfolio Pulse from Benzinga Newsdesk
Murphy USA Inc. has announced a 5.1% increase in its dividend to $0.41 per share.
October 26, 2023 | 8:59 pm
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POSITIVE IMPACT
Murphy USA Inc.'s dividend increase may attract income-focused investors, potentially driving the stock price up in the short term.
Dividend increases are often seen as a sign of a company's strong financial health. This could make the stock more attractive to income-focused investors, who may buy the stock, driving up its price in the short term.
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