Federal Signal Corporation Increases Quarterly Dividend by 11%

Rhea-AI Summary

On April 25, 2023, the Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of $0.10 per share, marking an 11% increase from the previous quarter's dividend. The dividend is set to be paid on June 2, 2023 to stockholders who are on record as of May 19, 2023. Federal Signal, established in 1901 and headquartered in Oak Brook, Illinois, specializes in equipment manufacturing that supports municipal, governmental, industrial, and commercial sectors.

Positive

• Quarterly dividend increased by $0.01 per share, showing company growth and financial health.
• Dividend payment set for June 2, 2023, indicates ongoing shareholder returns.

Negative

• None.

OAK BROOK, Ill., April 25, 2023 /PRNewswire/ -- The Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of ten cents ($0.10) per share on its common stock. This represents an increase of $0.01 per share, or approximately 11%, compared to the dividend declared in the prior quarter. The dividend is payable on June 2, 2023 to stockholders of record at the close of business on May 19, 2023.

About Federal Signal

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: https://www.federalsignal.com.

View original content:https://www.prnewswire.com/news-releases/federal-signal-corporation-increases-quarterly-dividend-by-11-301806885.html

SOURCE Federal Signal Corporation

FAQ

What is the new dividend amount for Federal Signal Corporation (FSS)?

The new dividend amount for Federal Signal Corporation is $0.10 per share.

When will the dividend for FSS be paid?

The dividend will be paid on June 2, 2023.

What was the percentage increase in the dividend for FSS?

The dividend increased by approximately 11% compared to the previous quarter.

Who is eligible to receive the FSS dividend?

Stockholders of record at the close of business on May 19, 2023, are eligible to receive the dividend.