dividend
confidence high
sentiment positive
materiality 0.55
Tecnoglass increases quarterly dividend 20% to $0.09 per share
Tecnoglass Inc.
- Quarterly dividend raised from $0.075 to $0.09 per share, a 20% increase.
- Annualized dividend moves to $0.36 per share from $0.30 per share.
- Payable on April 28, 2023 to shareholders of record as of March 31, 2023.
- CFO cites strong earnings power and free cash flow generation as rationale.