EVI Industries Declares Special Cash Dividend Of $0.31 Per Share
Portfolio Pulse from Benzinga Newsdesk
EVI Industries has announced a special cash dividend of $0.31 per share, payable on October 7, 2024. This represents a 10% increase over the previous year's special dividend.
September 12, 2024 | 9:12 pm
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EVI Industries has declared a special cash dividend of $0.31 per share, marking a 10% increase from the previous year. This move may attract investors looking for dividend income.
The increase in the special cash dividend by 10% is likely to be viewed positively by investors, as it indicates the company's strong financial position and commitment to returning value to shareholders. This could lead to a short-term increase in stock price as dividend-seeking investors may be attracted to the stock.
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