Tecnoglass Sets Record Date for Previously-Announced 36% Increase to Fourth Quarter 2024 Dividend
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Tecnoglass, Inc. (NYSE: TGLS) announced a 36% increase in its quarterly dividend, raising it to $0.15 per share from $0.11. The annualized dividend will now be $0.60 per share. Shareholders of record by December 31, 2024, will receive the dividend on January 31, 2025.
December 11, 2024 | 12:15 pm
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Tecnoglass has increased its quarterly dividend by 36%, which may attract income-focused investors and potentially boost the stock price.
The 36% increase in the dividend is a significant positive signal to the market, indicating strong financial health and commitment to returning value to shareholders. This move is likely to attract income-focused investors, potentially driving up demand and the stock price in the short term.
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