dividend
confidence high
sentiment positive
materiality 0.75
Motorola Solutions raises dividend 11% to $0.98 per share; expands buyback by $2B
Motorola Solutions, Inc.
- Quarterly dividend increased 11% to $0.98 per share; payable Jan 12, 2024 to holders of record Dec 15, 2023.
- Board authorized additional $2.0B share repurchase, bringing total program to $18B with no expiration date.
- Approximately $599M repurchase authority remained under prior authorization as of Sept 30, 2023.
- Company may repurchase shares in open market or private transactions subject to market conditions.