The company scheduled the distribution for July 30, with the cutoff for eligibility set for shareholders of record on July 9. Management noted that the board intends to evaluate further dividend adjustments on a case-by-case basis rather than committing to a fixed long-term growth policy.
AZZ Inc. Raises Quarterly Dividend to 24 Cents
Shareholders of AZZ Inc. will see a 20% increase in their quarterly payout as the company lifts its dividend from 20 cents to 24 cents per share. This adjustment brings the annual total to 96 cents, reflecting a 0.6% yield based on the stock's recent closing price of $160.17.
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