Cadre Holdings Increases Quarterly Dividend From $0.08 To $0.0875
Portfolio Pulse from Benzinga Newsdesk
Cadre Holdings, which is likely represented by the symbol CDRE, has announced an increase in its quarterly dividend from $0.08 to $0.0875 per share.
January 23, 2024 | 9:19 pm
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Cadre Holdings has raised its quarterly dividend, signaling confidence in its financial stability and commitment to returning value to shareholders.
The increase in dividend is typically viewed as a positive sign by investors, as it suggests that the company is confident in its financial health and its ability to generate sufficient cash flow. This often leads to a positive short-term impact on the stock price as it may attract income-focused investors and can be seen as a sign of a strong financial position.
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