First Capital Boosts Quarterly Dividend By 7.4% From $0.27 To $0.29 Per Share
Portfolio Pulse from Benzinga Newsdesk
First Capital has announced a 7.4% increase in its quarterly dividend, raising it from $0.27 to $0.29 per share. The dividend will be paid on September 27, 2024, to shareholders of record as of September 13, 2024.
August 21, 2024 | 8:46 pm
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First Capital has increased its quarterly dividend by 7.4%, from $0.27 to $0.29 per share. This move signals confidence in the company's financial health and may attract income-focused investors.
The increase in dividend suggests that First Capital is performing well financially and is confident in its future cash flows. This is likely to be viewed positively by investors, particularly those focused on income, potentially leading to a short-term increase in stock price.
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