Levi Strauss & Co Raises Quarterly Dividend From $0.12 To $0.13 Per Share
Portfolio Pulse from Benzinga Newsdesk
Levi Strauss & Co has announced an 8% increase in its quarterly dividend from $0.12 to $0.13 per share. The company returned $65 million to shareholders in the second quarter, including $48 million in dividends and $17 million in share repurchases. The new dividend will be payable on August 20, 2024.
June 26, 2024 | 8:12 pm
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Levi Strauss & Co has increased its quarterly dividend by 8% to $0.13 per share, reflecting strong shareholder returns. The company also returned $65 million to shareholders in the second quarter through dividends and share repurchases.
The increase in the dividend indicates strong financial health and commitment to returning value to shareholders, which is likely to positively impact the stock price in the short term.
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