Motorola Solutions Board Of Directors Increases Quarterly Dividend By 11% Yo $0.98/Share And Approves $2B Increase To Share Repurchase Program,
Portfolio Pulse from Benzinga Newsdesk
Motorola Solutions' Board of Directors has announced an 11% increase in its quarterly dividend to $0.98 per share. Additionally, the Board has approved a $2 billion increase to the company's share repurchase program.
November 16, 2023 | 9:13 pm
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Motorola Solutions has increased its quarterly dividend by 11% and expanded its share repurchase program by $2 billion, signaling confidence in its financial health and commitment to returning value to shareholders.
The increase in dividends and the expansion of the share repurchase program are typically viewed positively by investors as they often indicate a company's strong financial position and a commitment to shareholder value. This can lead to increased investor confidence and potentially a short-term rise in the stock price.
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IMPORTANCE 85
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