The board declared a quarterly cash dividend of 35.75 cents per share. This adjustment brings the total annual payout to $1.43 a share, marking a 1-cent increase over the previous rate. Based on Wednesday’s closing price of $44.28, the new payout reflects an annual yield of approximately 3.2%.
Shareholders of record as of July 7 will be eligible for the payment, which is scheduled for distribution on July 23.

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