Intuit Increases Its Quarterly Dividend From $0.90 To $1.04 Per Share
Portfolio Pulse from Benzinga Newsdesk
Intuit has announced a 16% increase in its quarterly dividend, raising it from $0.90 to $1.04 per share, with the new dividend payable on October 18, 2024.
August 22, 2024 | 8:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Intuit has increased its quarterly dividend by 16%, from $0.90 to $1.04 per share, indicating strong financial health and a commitment to returning value to shareholders.
The increase in dividend suggests that Intuit is performing well financially and is confident in its future cash flows. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price as it reflects the company's commitment to returning value to shareholders.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100