SharkNinja Approved A Special Cash Dividend Of $1.08/Share, Or ~$150M In The Aggregate, Payable On Or About Dec. 11 To Its Shareholders Of Record As Of Dec. 1, 2023; Funded By Cash On Hand
Portfolio Pulse from Benzinga Newsdesk
SharkNinja has approved a special cash dividend of $1.08 per share, totaling approximately $150 million. The dividend will be payable on or about December 11 to its shareholders of record as of December 1, 2023. The dividend will be funded by cash on hand, according to an SEC filing.
November 09, 2023 | 2:01 pm
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SharkNinja's special cash dividend of $1.08 per share could potentially attract more investors, leading to a short-term increase in the stock price.
Dividends are a way for companies to distribute profits back to shareholders, and they can make a stock more attractive to investors. With SharkNinja's announcement of a special cash dividend, it's likely that more investors may be drawn to the stock, potentially leading to a short-term increase in the stock price.
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