South Plains Financial Boosts Quarterly Cash Dividend By 7% From $0.14 To $0.15 Per Share
Portfolio Pulse from Benzinga Newsdesk
South Plains Financial has announced a 7% increase in its quarterly cash dividend, raising it from $0.14 to $0.15 per share. The dividend will be payable on November 12, 2024, to shareholders of record as of October 28, 2024.
October 17, 2024 | 8:12 pm
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South Plains Financial has increased its quarterly dividend by 7%, from $0.14 to $0.15 per share, indicating a positive outlook and potential shareholder value.
The increase in the dividend suggests that South Plains Financial is confident in its financial health and future earnings. This move is likely to be viewed positively by investors, potentially leading to a short-term increase in the stock price as it reflects a commitment to returning value to shareholders.
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