Welltower Expects To Increase Its Quarterly Common Stock Dividend By 10% From $0.61 To $0.67 Per Share, Beginning With Q2 Of 2024
Portfolio Pulse from Benzinga Newsdesk
Welltower Inc. (WELL) announced it expects to increase its quarterly common stock dividend by 10% from $0.61 to $0.67 per share, starting in Q2 of 2024.
June 03, 2024 | 11:42 am
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Welltower Inc. plans to increase its quarterly dividend by 10% from $0.61 to $0.67 per share, starting in Q2 2024. This move is likely to attract income-focused investors and could positively impact the stock price in the short term.
The 10% increase in the quarterly dividend is a significant move that will likely attract income-focused investors, leading to a potential short-term increase in the stock price. Dividends are a key factor for many investors, and a higher payout can make the stock more attractive.
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