Charles River Associates Increases Quarterly Cash Dividend From $0.36 To $0.42 Per Common Share
Portfolio Pulse from Benzinga Newsdesk
Charles River Associates (NASDAQ:CRAI) has announced a 17% increase in its quarterly cash dividend from $0.36 to $0.42 per common share. The dividend will be paid on December 8, 2023, to shareholders of record as of November 28, 2023. The company plans to continue paying quarterly dividends, subject to the discretion of its Board of Directors.
November 02, 2023 | 12:09 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Charles River Associates has increased its quarterly cash dividend by 17%, 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, particularly those focused on income, which could drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100