Carlisle Companies Increases Quarterly Dividend From $0.85 To $1.00
Portfolio Pulse from Benzinga Newsdesk
Carlisle Companies Incorporated (NYSE:CSL) announced an 18% increase in its quarterly dividend from $0.85 to $1.00 per share, payable on September 3, 2024. This marks the 48th consecutive annual dividend increase for the company.
August 01, 2024 | 9:06 pm
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Carlisle Companies announced an 18% increase in its quarterly dividend from $0.85 to $1.00 per share, payable on September 3, 2024. This marks the 48th consecutive annual dividend increase, highlighting the company's strong free cash flow and commitment to returning capital to shareholders.
The 18% increase in the quarterly dividend demonstrates Carlisle's strong financial health and commitment to returning capital to shareholders. This positive news is likely to boost investor confidence and support the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100