Apogee Enterprises Hikes Dividend By 9%

Apogee Enterprises Inc (NASDAQ:APOG) Board of Directors has declared a quarterly cash dividend of $0.24 per share. The dividend is…
  • Apogee Enterprises Inc (NASDAQ:APOG) Board of Directors has declared a quarterly cash dividend of $0.24 per share.
  • The dividend is a 9% increase from its previous quarterly dividend rate of $0.22 per share.
  • The dividend will be payable on Feb. 15, 2023, to shareholders of record at the close of business on Jan. 31, 2023.
  • This marks Apogee’s tenth consecutive year with a dividend increase.
  • “This dividend increase reflects our improved operational performance, strong financial position, and ability to generate consistent cash flow,” said CEO Ty R. Silberhorn.
  • Price Action: APOG shares are trading higher by 1.28% at $46.71 on the last check Thursday.
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