Veralto Announces Quarterly Dividend
Rhea-AI Summary
Veralto (NYSE: VLTO), a global leader in essential water and product quality solutions, has announced a quarterly cash dividend of $0.09 per share of its common stock. The dividend is payable on October 31, 2024 to shareholders of record as of the close of business on September 27, 2024. This decision was approved by Veralto's board of directors, demonstrating the company's commitment to returning value to its shareholders. Veralto, known for its dedication to Safeguarding the World's Most Vital Resources™, continues to maintain its dividend policy, which may be seen as a positive sign of financial stability and confidence in the company's future prospects.
Positive
- Consistent dividend payment indicates financial stability
- Commitment to shareholder value through cash distributions
Negative
- None.
News Market Reaction
On the day this news was published, VLTO declined 0.32%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
About Veralto
With annual sales of
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SOURCE Veralto