Quest Diagnostics Has Authorized A 5.6% Increase In Its Quarterly Dividend From $0.71 To $0.75 Per Share, Or $3.00 Per Share Annually, Effective With The Dividend Payable On April 22, With Record Date Of April 8
Portfolio Pulse from Benzinga Newsdesk
Quest Diagnostics has announced a 5.6% increase in its quarterly dividend, raising it from $0.71 to $0.75 per share, which amounts to $3.00 per share annually. This new dividend rate will be effective with the dividend payable on April 22, with a record date of April 8.
February 01, 2024 | 11:51 am
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Quest Diagnostics increases its quarterly dividend to $0.75 per share, marking a 5.6% rise, with the new rate effective from the dividend payable on April 22.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future earnings potential. For Quest Diagnostics, this dividend increase could attract income-focused investors and potentially boost the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 100