Amphenol Corp Board Approved A 50% Boost To Quarterly Dividend/Share To $0.165
Portfolio Pulse from Benzinga Newsdesk
Amphenol Corp's Board of Directors has approved a 50% increase in the company's quarterly dividend, raising it from $0.11 to $0.165 per share. The new dividend will be paid on October 9, 2024, to shareholders of record as of September 17, 2024.
July 24, 2024 | 12:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Amphenol Corp has increased its quarterly dividend by 50%, from $0.11 to $0.165 per share. This move is likely to attract income-focused investors and could positively impact the stock price in the short term.
The significant increase in the dividend payout is a strong signal of the company's financial health and commitment to returning value to shareholders. This is likely to attract income-focused investors and could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100