Enpro Increases Quarterly Dividend From $0.29 To $0.30 Per Share
Portfolio Pulse from Benzinga Newsdesk
Enpro Inc. (NYSE:NPO) has increased its quarterly dividend to $0.30 per share, up from $0.29, marking the ninth consecutive year of dividend growth since 2015. The dividend is payable on March 20, 2024, to shareholders of record as of March 6, 2024.
February 15, 2024 | 9:54 pm
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Enpro Inc. has announced an increase in its quarterly dividend to $0.30 per share from $0.29, continuing its dividend growth for the ninth consecutive year.
Dividend increases are generally viewed positively by the market as they signal confidence in the company's financial health and future outlook. Enpro's consistent dividend growth over nine years demonstrates a strong and stable financial position, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100