Orrstown Financial Services Increases Quarterly Dividend From $0.20 To $0.23 Per Share
Portfolio Pulse from Benzinga Newsdesk
Orrstown Financial Services has announced an increase in its quarterly dividend from $0.20 to $0.23 per share, representing a 15% increase. The dividend will be payable on August 15, 2024, to shareholders of record as of August 8, 2024.
July 23, 2024 | 8:20 pm
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Orrstown Financial Services has increased its quarterly dividend by 15% to $0.23 per share, payable on August 15, 2024. This move signals financial strength and a commitment to returning value to shareholders.
The increase in the dividend indicates Orrstown Financial Services' strong financial health and commitment to shareholder returns. This is likely to positively impact the stock price in the short term as investors may view the company more favorably.
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