Boosting shareholder returns with a higher dividend payout
- Federal Signal increases quarterly dividend by 20% to 12 cents per share
- New payout represents an annual yield of 0.6%
- Dividend payable on March 28 to shareholders of record on March 15
Federal Signal has announced a 20% increase in its quarterly dividend, raising it from 10 cents to 12 cents per share. This new payout translates to an annual yield of 0.6%, based on the company’s closing price of $79.94. Shareholders of record as of March 15 will receive the dividend on March 28. Federal Signal, a leading provider of products and solutions for various sectors, aims to enhance shareholder returns through this dividend increase.
Factuality Level: 9
Factuality Justification: The article provides factual information about Federal Signal increasing its quarterly dividend, including the percentage increase, the new dividend amount, the annual yield, and the dividend payment details. There are no digressions, misleading information, sensationalism, redundancy, or opinion presented as fact. The article is concise and sticks to the main topic without unnecessary details.
Noise Level: 2
Noise Justification: The article provides clear and relevant information about Federal Signal increasing its quarterly dividend. It stays on topic, supports its claims with data, and does not contain any irrelevant or misleading information. However, it lacks in-depth analysis, accountability, or actionable insights, which prevents it from scoring higher.
Financial Relevance: Yes
Financial Markets Impacted: No
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: This news article pertains to financial topics as it discusses a company’s increase in quarterly dividend.
Public Companies: Federal Signal (unknown)
Key People:
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