First American Financial Boosts Quarterly Cash Dividend By 2% From $0.53 To $0.54 Per Share
Portfolio Pulse from Benzinga Newsdesk
First American Financial has announced a 2% increase in its quarterly cash dividend, raising it from $0.53 to $0.54 per share. The dividend will be payable on September 27, 2024, to shareholders of record as of September 20, 2024.
September 10, 2024 | 9:16 pm
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First American Financial has increased its quarterly dividend by 2%, signaling confidence in its financial stability and commitment to returning value to shareholders.
The increase in the dividend suggests that First American Financial is in a strong financial position and is committed to providing returns to its shareholders. This is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
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