Knight-Swift Transportation Holdings Inc. Increases Quarterly Dividend From $0.14 To $0.16
Portfolio Pulse from Benzinga Newsdesk
Knight-Swift Transportation Holdings Inc. has announced an increase in its quarterly dividend from $0.14 to $0.16.
February 02, 2024 | 2:01 pm
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Knight-Swift Transportation Holdings Inc. has raised its quarterly dividend to $0.16 from $0.14.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. This move by Knight-Swift Transportation Holdings Inc. is likely to attract income-focused investors and could lead to a short-term uptick in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100