Patriot Transportation Holding, Inc. Declares Special Dividend of $3.00 per Share
Patriot Transportation Holding has declared a special cash dividend of $3.00 per share, totaling approximately $10 million.
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.
Rhea-AI Summary
Patriot Transportation Holding has declared a special cash dividend of $3.00 per share, totaling approximately $10 million. This one-time dividend is payable on December 30, 2020, to shareholders who are on record as of December 17, 2020. This announcement reflects the company’s commitment to returning value to its shareholders.
Positive
- Special cash dividend of $3.00 per share, totaling $10 million, enhances shareholder value.
Negative
- None.
Details
News Market Reaction – PATI
The recorded move for PATI in the trading session of this news was +17.67%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JACKSONVILLE, FL / ACCESSWIRE / December 4, 2020 / Patriot Transportation Holding, Inc. (NASDAQ:PATI) Patriot Transportation Holdings, Inc. announced today that its Board of Directors has declared a special cash dividend of
CONTACT:
Matt McNulty
Chief Financial Officer
904/858-9100
SOURCE: Patriot Transportation Holding, Inc.
View source version on accesswire.com:
https://www.accesswire.com/619582/Patriot-Transportation-Holding-Inc-Declares-Special-Dividend-of-300-per-Share
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