Masco Increases Quarterly Dividend From $0.2850 To $0.29 Per Share, Up 2%, Payable On March 11, 2024
Portfolio Pulse from Benzinga Newsdesk
Masco Corporation has announced an increase in its quarterly dividend to $0.29 per share, marking a 2% rise. The dividend is scheduled to be paid on March 11, 2024.
February 08, 2024 | 12:06 pm
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Masco Corporation announces a 2% increase in its quarterly dividend to $0.29 per share, payable on March 11, 2024.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. This modest increase in Masco's dividend could lead to a positive short-term sentiment among investors, potentially boosting the stock price.
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