Leidos Holdings Increases Quarterly Cash Dividend From $0.38 To $0.40 Per Share
Portfolio Pulse from Benzinga Newsdesk
Leidos Holdings, Inc. has announced an increase in its quarterly cash dividend from $0.38 to $0.40 per share, payable on December 31, 2024.
October 25, 2024 | 8:21 pm
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POSITIVE IMPACT
Leidos Holdings has increased its quarterly dividend from $0.38 to $0.40 per share, indicating a positive outlook and potential shareholder value.
The increase in the dividend suggests that Leidos Holdings is confident in its financial stability and future cash flows, which is generally perceived positively by investors. This could lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100