Williams-Sonoma Increases Quarterly Dividend From $0.90 To $1.13 Per Share; Expandeds Stock Repurchase Capacity To $1B
Portfolio Pulse from Benzinga Newsdesk
Williams-Sonoma has announced an increase in its quarterly dividend from $0.90 to $1.13 per share and has expanded its stock repurchase capacity to $1 billion, replacing the current authorization.
March 13, 2024 | 1:02 pm
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Williams-Sonoma increases its quarterly dividend to $1.13 per share and expands stock repurchase to $1 billion.
Increasing dividends and expanding stock repurchase programs are generally viewed positively by the market as they signal confidence in the company's financial health and future prospects. This can lead to increased investor demand for the stock, potentially driving up its price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100