Movado Raises Quarterly Dividend to 40c from 35c

Author: Mehmet Koral

Movado Announces Dividend Increase

Movado Group has raised its quarterly dividend from 35 cents to 40 cents per share. The increase reflects the company's strong cash flow and commitment to shareholder value.

Dividend Details

The new dividend rate represents a 14.3% increase over the previous quarter. Investors may view this decision as a positive sign of the company's financial health.

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Movado Raises Quarterly Dividend to 40c from 35c - FiNews