Flowserve and Others Announce Quarterly Cash Dividends

In a recent report, several companies including Flowserve, Americold Realty Trust, and Pentair have declared their quarterly cash dividends, showcasing their commitments to returning value to shareholders. The announcements are likely to influence stock prices positively as investors respond to the reliable income stream.

Date: 17-12-2024

AI Rating: 7

The recent report outlines multiple dividend announcements from various companies, which can significantly affect stock prices due to investor sentiment and the perception of financial health.

1. Flowserve: The company announced a quarterly cash dividend of $0.21 per share on December 27, 2024, indicating a stable return to its shareholders. This consistency can positively influence investor confidence.

2. Americold Realty Trust: With a declared dividend of $0.22 per share on December 31, 2024, the company reinforces its commitment to shareholders, likely supporting its stock price due to investor reliability.

3. Pentair: Notably, Pentair reported a 9 percent increase in its quarterly cash dividend, raising it to $0.25 per share, making it an attractive investment option due to its historical commitment to increasing dividends for 49 consecutive years. This strong track record could appeal to dividend-seeking investors.

4. ServisFirst Bancshares: The company raised its quarterly cash dividend from $0.30 to $0.335 per share, signifying continued growth and financial stability since going public in 2014. Such increases often lead to positive market reactions.

5. CareTrust REIT: Declaring a dividend of $0.29 per share, the company maintains its reliability in regular cash payouts, adding to the overall sentiment of stability in its financial practices.

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