dividend
confidence high
sentiment positive
materiality 0.50
AVD declares $0.03/sh quarterly dividend; annual rate rises to $0.12 from $0.095 in 2022
AMERICAN VANGUARD CORP
- Quarterly cash dividend of $0.03 per share; record date Sept 22, 2023; payable Oct 6, 2023.
- Full-year 2023 dividend payments (including pending) total $0.12 per share vs $0.095 in 2022.
- CEO cites confidence in core business and strategic growth initiatives as rationale for increase.
- Historical annual dividends: 2021 $0.08, 2020 $0.04 (pandemic), 2019 $0.08, 2018 $0.075.