Travel + Leisure Increases Cash Dividend By 11% From $0.45 To $0.50 Per Share
Portfolio Pulse from Benzinga Newsdesk
Travel + Leisure has announced an 11% increase in its cash dividend, raising it from $0.45 to $0.50 per share, payable on March 29, 2024, to shareholders of record as of March 21, 2024.
March 13, 2024 | 8:31 pm
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Travel + Leisure has increased its cash dividend by 11%, from $0.45 to $0.50 per share, with the dividend payable on March 29, 2024, to shareholders of record as of March 21, 2024.
Increasing dividends is generally viewed positively by the market as it signals confidence in the company's financial health and future prospects. For Travel + Leisure, this increase in dividends could attract more investors looking for steady income, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100