AutoZone Reveals $2 Billion Share Buyback Program
AutoZone (NYSE:AZO) announced that its Board of Directors sanctioned an additional $2.0 billion for the repurchase of its common stock, under the ongoing share repurchase program. This program, in progress since 1998, has now received authorization for a whopping total of $37.7B for share buybacks.
Rayonier Announces Unique Dividend
Rayonier (NYSE:RYN) announced a noteworthy special dividend of $0.20 per share boasting an annual yield of 0.6%. This dividend is planned to be issued on January 12, 2024 for stockholders who are on the record as of December 29, 2023, bearing an ex-dividend date of December 28, 2023.
Trifecta of Dividend Hikes
WEC Energy Group (NYSE:WEC) enhanced its quarterly dividend by 7.1% to $0.835 per share, which translates to an annualized $3.34, and offers an annual yield of 4%. The dividend is scheduled to be paid out on March 1, 2024 to shareholders on the books as of February 14, 2024, featuring an ex-dividend date of February 13, 2024.
Fulton Financial (NASDAQ:FULT) augmented its quarterly dividend by 6.3% to $0.17 per share, or $0.68 when annualized, featuring an annual yield of 4.1%. The dividend is poised to be paid out on January 12, 2024 to shareholders on the books as of January 2, 2024, with an ex-dividend date set for December 29, 2023.
ServisFirst Bancshares (NYSE:SFBS) uplifted its quarterly dividend by 7.1% to $0.30 per share, or $1.2 on an annualized basis, offering an annual yield of 1.8%. This dividend is expected to be paid on January 8, 2024 to shareholders of record as of January 2, 2024, with the ex-dividend date falling on December 29, 2023.
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