EnPro Industries Raises Quarterly Dividend by 4%

EnPro Industries, Inc. (NYSE: NPO) has announced a quarterly dividend of $0.27 per share, representing a 4% increase from the prior dividend of $0.26.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Tags

dividends

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

02/17/2021 - 04:30 PM EST

EnPro Industries, Inc. (NYSE: NPO) today declared a quarterly dividend of $0.27 per share, which is a 4% increase from the previous quarterly dividend of $0.26 per share paid. The dividend is payable on March 17, 2021 to shareholders of record as of the close of business on March 3, 2021. “This increase in the dividend reflects our strategy of thoughtfully returning capital to shareholders to the extent it exceeds our anticipated needs for internal capital and growth investment,” said Marvin Riley, President and Chief Executive Officer.

About EnPro Industries

EnPro is a leading industrial technology company using materials science to push boundaries in semiconductor, life sciences, and other technology-enabled sectors. For more information about EnPro, visit the company’s website at http://www.enproindustries.com.