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Investing.com: Here's a professional summary of the biggest dividend increases, special dividends, and stock buyback announcements you may have missed this week.
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AutoZone announces new $2 billion share buyback
AutoZone (NYSE:) stated that its board of directors approved an additional $2.0 billion for the repurchase of the company's common stock, as part of its ongoing stock repurchase program.
Since this program began in 1998, the Board of Directors has authorized a total of $37.7 billion for share repurchases.
Rayonier declares a special dividend
Rayonier (NYSE declared a special dividend of $0.20 per share, with an annual yield of 0.6%.
The dividend will be paid on January 12, 2024 to shareholders of record on December 29, 2023, with an ex-dividend date of December 28, 2023.
Three dividend increases
WEC Energy Group (NYSE:) increased its quarterly dividend by 7.1% to $0.835 per share, or $3.34 annualized, for an annualized yield of 4%. The dividend will be paid on March 1, 2024 to shareholders of record on February 14, 2024, with an ex-dividend date of February 13, 2024.
Fulton Financial (NASDAQ:) increased its quarterly dividend by 6.3% to $0.17 per share, or $0.68 annualized, for an annualized yield of 4.1%. The dividend will be paid on January 12, 2024 to shareholders of record on January 2, 2024, with an ex-dividend date of December 29, 2023.
ServisFirst Bancshares (NYSE increased its quarterly dividend by 7.1% to $0.30 per share, or $1.2 annualized, with an annualized yield of 1.8%. The dividend will be paid on January 8, 2024 to shareholders of record on January 2, 2024, with an ex-dividend date of December 29, 2023.
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