Ralph Lauren Board Approved 10% Dividend Increase To $0.825/Share
Portfolio Pulse from Benzinga Newsdesk
Ralph Lauren's board has approved a 10% increase in its quarterly dividend, raising it to $0.825 per share.
May 23, 2024 | 12:05 pm
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POSITIVE IMPACT
Ralph Lauren's board has approved a 10% increase in its quarterly dividend, raising it to $0.825 per share. This move signals confidence in the company's financial health and commitment to returning value to shareholders.
The dividend increase indicates that Ralph Lauren is in a strong financial position and is committed to rewarding its shareholders. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100