Quarterly Dividends Announced by Mastercard, Fulton Financial, and Others
The financial world saw an uptick today as several companies declared their quarterly cash dividends, highlighting their commitment to shareholder value.
Mastercard Sees Dividend Increase
Mastercard revealed that its Board of Directors has authorized a quarterly cash dividend of 76 cents per share, marking a 15 percent increase from last quarter’s dividend of 66 cents per share. This payment will be made on February 7, 2025, to shareholders of Class A and Class B common stock who are on record as of January 9, 2025.
Fulton Financial Declares Modest Increase
Fulton Financial’s Board of Directors announced a quarterly cash dividend of 18 cents per share on its common stock. This dividend will be payable on January 15, 2025, to those on record as of December 31, 2024. The recent announcement reflects an increase of one cent, or nearly 6 percent, from the dividend declared on September 17, 2024. Chairman and CEO Curt Myers commented, “The Board’s decision to increase our common dividend demonstrates our continued strength and commitment to returning value to our shareholders.”
Zimmer Biomet Confirms Cash Dividend Payment
Zimmer Biomet Holdings, a leader in medical technology, also announced a quarterly cash dividend for its stockholders. Shareholders will receive a payment of $0.24 per share on or about January 31, 2025, for those on record as of December 30, 2024.
Worthington Enterprises Continues Its Tradition
The Board of Directors at Worthington Enterprises declared a quarterly dividend of $0.17 per share, expected to be paid on March 28, 2025, to shareholders of record by March 14, 2025. Notably, this company has consistently paid quarterly dividends since becoming public in 1968.
Heartland Express Marks 86 Consecutive Dividends
Heartland Express announced a regular quarterly cash dividend of $0.02 per share, set to be paid on January 8, 2025, to shareholders who are recorded as of December 27, 2024. The company anticipates about $1.6 million in total dividends to be distributed among its 78.5 million shares of common stock. This marks the company’s eighty-sixth consecutive quarterly cash dividend.
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