Terreno Realty Corp Increases Quarterly Dividend From $0.45 To $0.49 Per Share
Portfolio Pulse from Benzinga Newsdesk
Terreno Realty Corp (NYSE:TRNO) has announced an 8.9% increase in its quarterly dividend, raising it from $0.45 to $0.49 per share. The dividend is payable on October 11, 2024, to shareholders of record as of September 30, 2024.
August 07, 2024 | 9:31 pm
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Terreno Realty Corp has increased its quarterly dividend by 8.9%, from $0.45 to $0.49 per share. This move is likely to attract income-focused investors and could positively impact the stock price in the short term.
An increase in dividends is generally viewed positively by investors, especially those focused on income. This could lead to a short-term increase in the stock price as it may attract more investors looking for dividend income.
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