InvenTrust Properties Boosts Cash Distribution By 5% From $0.2155 To $0.226 Per Share
Portfolio Pulse from Benzinga Newsdesk
InvenTrust Properties has announced a 5% increase in its cash distribution, from $0.2155 to $0.226 per share, payable on or about April 15, 2024, to stockholders of record as of March 31, 2024.
March 12, 2024 | 9:28 pm
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InvenTrust Properties increases its cash distribution by 5% to $0.226 per share, with payments scheduled for April 15, 2024, for stockholders recorded by March 31, 2024.
The increase in cash distribution is a positive signal to investors, indicating InvenTrust Properties' financial health and commitment to returning value to shareholders. This is likely to be viewed positively by the market, potentially leading to a short-term uptick in IVT's stock price.
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