embecta Announces Quarterly Cash Dividend
Rhea-AI Summary
Embecta (Nasdaq: EMBC) has announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share for each issued and outstanding share of the company's common stock. The dividend will be paid on March 14, 2025, to stockholders who are on record at the close of business on February 28, 2025.
Positive
- Regular quarterly dividend payment of $0.15 per share demonstrates consistent shareholder returns
- Maintenance of dividend indicates stable cash flow position
Negative
- None.
News Market Reaction – EMBC
On the day this news was published, EMBC declined 2.58%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
PARSIPPANY, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Embecta Corp. (“embecta”) (Nasdaq: EMBC) has declared a quarterly cash dividend of
About embecta
embecta is a global diabetes care company that is leveraging its 100-year legacy in insulin delivery to empower people with diabetes to live their best life through innovative solutions, partnerships and the passion of approximately 2,000 employees around the globe. For more information, visit embecta.com or follow our social channels on LinkedIn, Facebook, and Instagram.
| Contacts: | |
| Media Christian Glazar Sr. Director, Corporate Communications 908-821-6922 Contact Media Relations | Investors Pravesh Khandelwal VP, Head of Investor Relations 551-264-6547 Contact IR |
FAQ
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