Agilent (A) Hikes Quarterly Dividend To Reward Shareholders
Zacks Investment Research | Nov 25, 2019 05:48AM ET
Agilent Technologies (NYSE:A) recently announced that the board of directors has increased its quarterly dividend. In fact, the company has been consistently rewarding its shareholders through dividends.
Agilent’s shares have gained 17.3% on a year-to-date basis, underperforming 24.9% rally of the industry it belongs to.
The company’s investor-friendly announcement might give a lift to the stock.
Shareholder-Friendly Move
Agilent — a broad-based OEM of test and measurement equipment — raised quarterly dividend to 18 cents per share, reflecting an increase of 10% from the previous quarter’s dividend.
The new dividend, which has been approved by the board of directors, will be paid to investors on Jan 22, 2020.
We believe that the dividend hike not only highlights the firm’s commitment toward creating value for its shareholders but also underlines the company’s financial condition and confidence in business. Agilent has a stable dividend payment history, as is evident from past records.
Agilent Technologies, Inc. Price and Consensus
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