Earlier Announced, Thomson Reuters Increases Quarterly Dividend From $0.49 To $0.54 Per Share
Portfolio Pulse from Benzinga Newsdesk
Thomson Reuters announced a 10% increase in its annual dividend to $2.16 per common share, marking the 31st consecutive year of dividend increases. The quarterly dividend is now $0.54 per share, payable on March 8, 2024, to shareholders of record as of February 21, 2024.
February 08, 2024 | 7:37 pm
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Thomson Reuters increases its quarterly dividend to $0.54 per share, a 10% increase, continuing its 31-year streak of dividend growth.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. Given the significant increase and the long history of consistent dividend growth, this is likely to be seen as a strong positive signal by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100