Apogee Enterprises (APOG) Raises Quarterly Dividend 11.1% to $0.175; 2.1% Yield

Apogee Enterprises (NASDAQ: APOG) declared a quarterly dividend of $0.175 per share, or $0.7 annualized. This is an 11.1% increase from the prior dividend of $0.1575.

The dividend will be payable on February 20, 2019, to stockholders of record on February 5, 2019, with an ex-dividend date of February 4, 2019.

The annual yield on the dividend is 2.1 percent.

“Apogee continues to generate significant free cash flow, which gives us the financial strength to invest in our business, while also increasing the cash we return to shareholders,” said Joseph F. Puishys, Chief Executive Officer. “This dividend increase, along with our recent share repurchases, demonstrates our confidence in the company’s long-term direction and our commitment to delivering shareholder value.”

For a dividend history and other dividend-related data on Apogee Enterprises (APOG) click here.

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