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Jabil Declares Quarterly Dividend

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Jabil Inc. (JBL) has declared a quarterly dividend of $0.08 per share of common stock, payable on March 4, 2024, to shareholders of record as of February 15, 2024. The company has been consistently paying quarterly dividends since May 15, 2006.
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The declaration of a quarterly dividend by Jabil Inc. signifies the company's ongoing commitment to returning value to its shareholders. The consistency of dividend payments since 2006 demonstrates a stable financial policy and a reliable income stream for investors. The dividend yield, calculated by annualizing the quarterly dividend and dividing it by the stock's current price, is a critical metric for income-focused shareholders. It's also indicative of the company's confidence in its liquidity and profitability. However, it's essential to consider the payout ratio, which is the proportion of earnings paid out as dividends to shareholders. A sustainable payout ratio typically suggests that the company can maintain or grow its dividend over time without compromising its capital needs or balance sheet health.

From a market perspective, Jabil's dividend announcement can be seen as a positive signal to the market, reflecting management's belief in the company's stable cash flows and long-term business prospects. Dividend announcements often influence investor sentiment and can impact the company's stock price. An ongoing dividend payment can attract a particular investor demographic looking for regular income, potentially increasing the stock's demand. However, investors might also scrutinize the company's growth prospects, as mature companies typically offer dividends while high-growth companies often reinvest profits back into the business. It's crucial to analyze how this balance between dividend payments and reinvestment strategies aligns with the overall sector performance and the company's growth objectives.

Examining the broader economic context, the decision to pay out dividends may reflect Jabil's management's assessment of the macroeconomic environment. In stable or growing economies, companies may feel more comfortable distributing profits to shareholders. Conversely, in uncertain economic times, companies might retain earnings to cushion against potential downturns. It's important to analyze how Jabil's dividend policy correlates with economic indicators such as interest rates, inflation and GDP growth. These factors can affect consumer spending and investment patterns, which in turn could impact Jabil's business operations and performance. Additionally, the dividend policy should be considered alongside corporate investment opportunities, as it could indicate the company's growth strategy and expectations for capital expenditures.

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Inc. (NYSE: JBL) announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of February 15, 2024. The dividend is payable on March 4, 2024.

Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006.

About Jabil:

At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.

Investor Contact:

Adam Berry

Vice President, Investor Relations

adam_berry@jabil.com

Media Contact:

Timur Aydin

Director, Enterprise Content and Media

publicrelations@jabil.com

Source: Jabil, Inc.

FAQ

What is the dividend amount per share declared by Jabil Inc. (JBL)?

Jabil Inc. (JBL) declared a quarterly dividend of $0.08 per share of common stock.

When is the dividend payable to Jabil Inc. (JBL) shareholders?

The dividend declared by Jabil Inc. (JBL) is payable on March 4, 2024.

Since when has Jabil Inc. (JBL) been paying quarterly dividends?

Jabil Inc. (JBL) has been paying consecutive quarterly cash dividends on its common shares since May 15, 2006.

Jabil Inc.

NYSE:JBL

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Bare Printed Circuit Board Manufacturing
Manufacturing
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United States of America
ST PETERSBURG

About JBL

jabil (nyse: jbl) is a manufacturing solutions provider with over 260,000 employees across 100 locations in 30 countries. the world's leading brands rely on jabil's unmatched breadth and depth of end-market experience, technical and design capabilities, manufacturing know-how, supply chain insights and global product management expertise. driven by a common purpose, jabil and its people are committed to making a positive impact on their local community and the environment.