Daily Dividend Report: CMCO,CDRE,OGS,FBP,SYF
Wednesday, January 22, 12:14 PM ET

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Columbus McKinnon, a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced that its Board of Directors has approved payment of a regular quarterly dividend of $0.07 per common share. The dividend will be payable on or about February 18, 2025, to shareholders of record at the close of business on February 7, 2025. Columbus McKinnon has approximately 28.6 million shares of common shares outstanding.

Cadre Holdings, a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.095 per share, or $0.38 per share on an annualized basis, on the Company's common stock. On an annualized basis, the newly declared cash dividend represents an increase of 3 cents, or approximately 9%, over the previous annualized dividend of $0.35 per share. Cadre's dividend payment will be made on February 14, 2025 to shareholders of record as of the close of business on the record date of January 31, 2025.

The board of directors of ONE Gas today increased the dividend for the first quarter 2025 by 1 cent per share to 67 cents per share, resulting in an annualized dividend of $2.68 per share. The dividend is payable March 7, 2025, to shareholders of record at the close of business Feb. 21, 2025.

First BanCorp., the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.18 per share, which represents an increase of 13% or $0.02 per common share compared to its most recent dividend paid in December 2024. The dividend is payable on March 7, 2025 to shareholders of record at the close of business on February 21, 2025. "We are pleased to announce another increase to our common stock dividend. This, combined with our share buyback program, underscores our unwavering commitment to maximizing shareholder value. These actions are supported by our consistent long-term performance, strong capital position, and positive future outlook," said Aurelio Alem—n, President and CEO of the Corporation. The increased quarterly dividend level equates to an annualized dividend rate of $0.72 per common share.

Synchrony Financial announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share of common stock, payable on February 18, 2025 to holders of record at the close of business on February 3, 2025.

For MarketNewsVideo.com, I'm Sayoko Murase.