Graco Rewards Shareholders With 7.8% Quarterly Dividend Hike
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Graco Inc. has announced a 7.8% increase in its quarterly dividend, highlighting its commitment to rewarding shareholders. The company is also engaging in share buybacks, which could positively impact its stock price.
December 09, 2024 | 4:30 pm
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Graco Inc. has increased its quarterly dividend by 7.8% and is continuing with share buybacks, indicating a strong commitment to shareholder returns.
The increase in dividends and continuation of share buybacks are positive signals for investors, suggesting that Graco is in a strong financial position and is focused on returning value to shareholders. This is likely to have a positive short-term impact on the stock price.
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