Apogee Enterprises Boosts Quarterly Dividend by 4% to $0.25
Portfolio Pulse from Benzinga Newsdesk
Apogee Enterprises, Inc. (NASDAQ:APOG) has increased its quarterly cash dividend by 4% to $0.25 per share, payable on February 14, 2024, to shareholders of record as of January 30, 2024. This is the eleventh consecutive year Apogee has raised its dividend, with a total increase of 178% from $0.09 per share.
January 11, 2024 | 11:42 am
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Apogee Enterprises has declared a 4% increase in its quarterly dividend to $0.25 per share, continuing its 11-year streak of dividend growth.
Dividend increases are typically seen as a sign of a company's financial health and confidence in its future earnings, which can attract income-focused investors and potentially boost the stock price in the short term.
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