Zurn Elkay Water Solutions Raises Quarterly Dividend From $0.08 To $0.09 Per Share
Portfolio Pulse from Benzinga Newsdesk
Zurn Elkay Water Solutions Corporation has announced a 12.5% increase in its quarterly dividend, raising it from $0.08 to $0.09 per share. The dividend will be payable on December 6, 2024, to shareholders recorded by November 20, 2024.
October 23, 2024 | 8:50 pm
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POSITIVE IMPACT
Zurn Elkay Water Solutions has increased its quarterly dividend by 12.5%, signaling confidence in its financial health and potentially attracting income-focused investors.
The increase in dividend suggests that Zurn Elkay Water Solutions is confident in its cash flow and financial stability. This move is likely to attract income-focused investors and could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100