Accenture Boosted Quarterly Cash Dividend by 15% to $1.29/Share
Portfolio Pulse from Benzinga Newsdesk
Accenture plc announced a 15% increase in its quarterly cash dividend to $1.29 per share for shareholders of record as of April 11, 2024, payable on May 15, 2024. This follows a previous dividend payment of $1.29 per share on February 15, 2024, totaling $813 million.
March 21, 2024 | 10:43 am
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Accenture increases its quarterly dividend to $1.29/share, marking a 15% rise from the previous fiscal year's rate.
The increase in dividend payout by Accenture signifies confidence in its financial stability and profitability. This move is likely to attract income-focused investors and could positively impact the stock price in the short term as it reflects the company's strong cash flow and commitment to returning value to shareholders.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100