Kenvue Boosts Quarterly Cash Dividend By 2.5% From $0.20 To $0.205 Per Share
Portfolio Pulse from Benzinga Newsdesk
Kenvue has announced a 2.5% increase in its quarterly cash dividend, raising it from $0.20 to $0.205 per share. The third quarter dividend will be payable on August 28, 2024, to shareholders of record as of August 14, 2024.
July 25, 2024 | 10:59 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Kenvue has increased its quarterly cash dividend by 2.5%, from $0.20 to $0.205 per share. The third quarter dividend will be payable on August 28, 2024, to shareholders of record as of August 14, 2024.
The increase in the dividend is a positive signal to investors, indicating confidence in the company's financial health and future prospects. This is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100