CORRECTION: Accenture Declared Quarterly Cash Dividend Of $1.29/Share
Portfolio Pulse from Benzinga Newsdesk
Accenture plc has announced a quarterly cash dividend of $1.29 per share for shareholders of record as of April 11, 2024, payable on May 15, 2024. This represents a 15% increase from the fiscal 2023 quarterly dividend rate of $1.12 per share. Previously, on February 15, 2024, a dividend of $1.29 per share was also paid, totaling $813 million.
March 21, 2024 | 1:06 pm
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Accenture declares a quarterly dividend of $1.29/share, payable on May 15, 2024, to shareholders on record by April 11, 2024, showing a 15% increase from the previous fiscal year.
The announcement of a 15% increase in the quarterly dividend rate by Accenture is a strong signal of the company's financial health and commitment to returning value to shareholders. This is likely to be viewed positively by the market, potentially leading to an increase in stock price in the short term as it reflects confidence in the company's future earnings and cash flow capabilities.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100