Booking Initiates Quarterly Dividend, Says "Our Board Of Directors Declared A Quarterly Cash Dividend Of $8.75 Per Share, Payable On March 28, 2024 To Stockholders Of Record As Of The Close Of Business On March 8, 2024. We Expect To Pay A Cash Dividend On A Quarterly Basis Going Forward.."
Portfolio Pulse from Benzinga Newsdesk
Booking Holdings Inc. has announced the initiation of a quarterly cash dividend of $8.75 per share, with the first payment scheduled for March 28, 2024, to stockholders of record as of March 8, 2024. The company plans to continue paying dividends on a quarterly basis.
February 22, 2024 | 9:03 pm
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Booking Holdings Inc. initiates a quarterly dividend of $8.75 per share, with the first payment on March 28, 2024, indicating a new phase of shareholder returns.
The initiation of a quarterly dividend by Booking Holdings Inc. is a significant development for investors, signaling confidence in the company's cash flow and profitability. This move is likely to attract dividend investors and could support the stock price in the short term due to the positive perception of returning value to shareholders.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100