TransDigm Declares Special Dividend of $35 Per Share
Portfolio Pulse from Benzinga Newsdesk
TransDigm Group Incorporated has announced its Q4 results and declared a special cash dividend of $35.00 per share. The record date for the special dividend is November 20, 2023, and the payment date is November 27, 2023.
November 09, 2023 | 12:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TransDigm's declaration of a special cash dividend of $35.00 per share could potentially attract investors, leading to a short-term increase in stock price.
Dividends are a way for companies to distribute profits back to shareholders, which can make the stock more attractive to investors. This announcement could lead to increased demand for TransDigm's stock, potentially driving up the price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100