Federal Signal Corporation Increases Quarterly Dividend From $0.10 To $0.12 Per Share
Portfolio Pulse from Benzinga Newsdesk
Federal Signal Corporation (NYSE:FSS) has increased its quarterly dividend from $0.10 to $0.12 per share, a 20% increase. The dividend is payable on March 28, 2024, to stockholders of record as of March 15, 2024.
February 20, 2024 | 5:07 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Federal Signal Corporation has announced a 20% increase in its quarterly dividend, from $0.10 to $0.12 per share.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. This 20% increase in Federal Signal Corporation's dividend could attract income-focused investors and potentially boost the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100