Federal Signal Corporation Increases Quarterly Dividend by 17%

Rhea-AI Summary

Federal Signal (NYSE: FSS) has announced a significant increase in its quarterly cash dividend. The Board of Directors declared a dividend of $0.14 per share on its common stock, representing a 17% increase ($0.02 per share) compared to the previous quarter's dividend. The dividend will be paid on March 27, 2025, to stockholders of record as of the close of business on March 14, 2025.

Positive

• 17% increase in quarterly dividend from $0.12 to $0.14 per share
• Demonstrates company's financial strength and commitment to shareholder returns

Negative

• None.

DOWNERS GROVE, Ill., Feb. 21, 2025 /PRNewswire/ -- The Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of fourteen cents ($0.14) per share on its common stock. This represents an increase of $0.02 per share, or 17%, compared to the dividend declared in the prior quarter. The dividend is payable on March 27, 2025 to stockholders of record at the close of business on March 14, 2025.

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 Downers Grove, 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.

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SOURCE Federal Signal Corporation

FAQ

What is Federal Signal's (FSS) new quarterly dividend amount for 2025?

Federal Signal's new quarterly dividend is $0.14 per share, effective March 2025.

When will Federal Signal (FSS) pay its increased dividend in March 2025?

Federal Signal will pay the increased dividend on March 27, 2025, to stockholders of record as of March 14, 2025.

How much did Federal Signal (FSS) increase its dividend in February 2025?

Federal Signal increased its quarterly dividend by 17%, or $0.02 per share, from $0.12 to $0.14.

What is the record date for Federal Signal's (FSS) March 2025 dividend?

The record date for Federal Signal's March 2025 dividend is March 14, 2025, at the close of business.

How much will FSS shareholders receive annually with the new dividend rate?

With the new quarterly dividend of $0.14 per share, FSS shareholders will receive $0.56 per share annually.