FS Bancorp Increases Quarterly Dividend From $0.26 To $0.27 Per Share; Approves New Share Repurchase Plan Authorizing The Repurchase Of Up To $5M In Shares Of Outstanding Common Stock
Portfolio Pulse from Benzinga Newsdesk
FS Bancorp has increased its quarterly dividend from $0.26 to $0.27 per share and approved a new share repurchase plan authorizing the repurchase of up to $5 million in shares of outstanding common stock. The dividend will be paid on August 21, 2024, to shareholders of record as of August 7, 2024.
July 23, 2024 | 8:39 pm
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FS Bancorp has increased its quarterly dividend from $0.26 to $0.27 per share and approved a new share repurchase plan authorizing the repurchase of up to $5 million in shares of outstanding common stock. The dividend will be paid on August 21, 2024, to shareholders of record as of August 7, 2024.
The increase in the quarterly dividend and the approval of a new share repurchase plan are positive signals for investors, indicating the company's strong financial health and commitment to returning value to shareholders. This is likely to have a positive short-term impact on the stock price.
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