The updated payout translates to an annualized rate of $1.16 per share. Based on the company’s recent closing price of $25.76, the dividend now offers a yield of 4.5%. Investors looking to capture this distribution must hold the stock by the June 30 record date, with payments scheduled to arrive on July 8.
ATN International Boosts Quarterly Dividend by 5.5 Percent
ATN International shareholders will see a bump in their next quarterly payout, as the company lifts its cash dividend to 29 cents per share. This 5.5% increase from the previous 27.5-cent level marks a continued commitment to returning capital, a practice the firm has maintained consistently since 1999.
When reusing this material a link to Money Talk is required.
Comments (0)
No comments yet. Be the first!