Tempur Sealy Increases Quarterly Cash Dividend By 18% From $0.11 To $0.13 Per Share
Portfolio Pulse from Benzinga Newsdesk
Tempur Sealy announced an 18% increase in its quarterly cash dividend, raising it from $0.11 to $0.13 per share, payable on March 7, 2024, to shareholders of record as of February 22, 2024.

February 08, 2024 | 11:41 am
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Tempur Sealy has increased its quarterly dividend by 18%, from $0.11 to $0.13 per share, demonstrating confidence in its financial health and commitment to returning value to shareholders.
Dividend increases are often viewed positively by the market as they signal a company's confidence in its financial stability and future earnings. For Tempur Sealy, this significant increase in its quarterly dividend payout is likely to be seen as a strong commitment to shareholder value, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100