Kodiak Gas Services Announces 8% Increase In Quarterly Cash Dividend From $0.38 To $0.41 Per Share For Q2 2024
Portfolio Pulse from Benzinga Newsdesk
Kodiak Gas Services (KGS) has announced an 8% increase in its quarterly cash dividend from $0.38 to $0.41 per share for Q2 2024. The dividend will be paid on August 16, 2024, to stockholders of record on August 12, 2024.
August 01, 2024 | 9:24 pm
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Kodiak Gas Services (KGS) has announced an 8% increase in its quarterly cash dividend from $0.38 to $0.41 per share for Q2 2024. The dividend will be paid on August 16, 2024, to stockholders of record on August 12, 2024.
The increase in the quarterly cash dividend is likely to be viewed positively by investors, as it indicates confidence in the company's financial health and commitment to returning value to shareholders. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100