Invitation Homes Announces Regular Quarterly Cash Dividend Of $0.28 Per Share Payable On Shares Of Its Common Stock, Representing 7.7% Increase, Dividend Will Be Paid On Or Before January 19, 2024
Portfolio Pulse from Benzinga Newsdesk
Invitation Homes has declared a regular quarterly cash dividend of $0.28 per share on its common stock, marking a 7.7% increase from the previous dividend. The dividend is scheduled to be paid on or before January 19, 2024.
December 08, 2023 | 11:56 am
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Invitation Homes has announced an increased quarterly dividend of $0.28 per share, which is a 7.7% hike from its previous dividend, to be paid by January 19, 2024.
The announcement of a dividend increase is typically seen as a positive signal about a company's financial health and future prospects. It often leads to a positive short-term reaction in the stock price as it may attract income-focused investors. The 7.7% increase is substantial, indicating confidence from management in the company's cash flow generation abilities.
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