Supremex Announces Results for the Third Quarter of 2024 and Intention to Proceed With a Sale & Leaseback of Two Properties in Addition to Increase Quarterly Dividend by 25%
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Supremex Inc. announced its Q3 2024 results, plans for a sale and leaseback of two properties, and a 25% increase in its quarterly dividend. The company will discuss these results in a conference call.
November 06, 2024 | 11:30 pm
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Supremex Inc. announced a 25% increase in its quarterly dividend and plans for a sale and leaseback of two properties, which could positively impact its financial flexibility and shareholder returns.
The 25% increase in the dividend is a direct benefit to shareholders, likely boosting investor sentiment. The sale and leaseback strategy can improve liquidity and financial flexibility, potentially leading to a positive short-term impact on the stock price.
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