WESCO Intl Plans To Increase Dividend By 10% To $1.65 Per Year
Portfolio Pulse from Benzinga Newsdesk
WESCO International announced its plan to increase its annual dividend by 10% to $1.65 per share.

February 13, 2024 | 11:09 am
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POSITIVE IMPACT
WESCO International plans to raise its annual dividend to $1.65 per share, marking a 10% increase.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. This announcement by WESCO International is likely to be seen as a strong commitment to returning value to shareholders, potentially leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100