Increased dividend payout and higher annual yield

  • Apogee Enterprises raises quarterly dividend by 4.2%
  • New dividend payout is 25 cents per share
  • Annual yield increases to 1.89%
  • Dividend payable on Feb. 14 to shareholders of record on Jan. 30

Apogee Enterprises’ board has announced a 4.2% increase in the company’s quarterly dividend. The new dividend payout will be 25 cents per share, resulting in an annual yield of 1.89%. This represents an increase from the previous dividend yield of 1.82%. Shareholders of record as of January 30 will receive the increased dividend on February 14. This move reflects Apogee Enterprises’ commitment to providing value to its shareholders through consistent dividend growth.

Public Companies: Apogee Enterprises (N/A)
Private Companies:
Key People:

Factuality Level: 10
Justification: The article provides factual information about Apogee Enterprises’ board raising the company’s quarterly dividend by 4.2% and the new payout amount. It also mentions the annual yield based on the closing price and the dates for the dividend payment. There are no digressions, misleading information, sensationalism, redundancy, or opinion masquerading as fact in the article.

Noise Level: 8
Justification: The article provides straightforward information about Apogee Enterprises’ board raising the company’s quarterly dividend by 4.2%. It includes details such as the new payout amount, annual yield, and the dates of payment. However, it lacks any analysis, insights, or evidence to support the decision or its potential impact on the company or shareholders. The article stays on topic and does not dive into unrelated territories, but it also does not provide any actionable insights or solutions for the reader. Overall, the article contains mostly factual information but lacks depth and analysis, resulting in a higher noise level.

Financial Relevance: Yes
Financial Markets Impacted: Apogee Enterprises

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to a financial topic as it discusses Apogee Enterprises’ dividend increase. There is no mention of an extreme event.

Reported publicly: www.marketwatch.com