Apogee Enterprises (APOG) Raises Quarterly Dividend 12% to $0.14; 1% Yield

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Apogee Raises Quarterly Cash Dividend 12 Percent to $0.14 Per Share

January 10, 2017 2:37 PM EST

MINNEAPOLIS--(BUSINESS WIRE)-- The Board of Directors of Apogee Enterprises, Inc. (Nasdaq: APOG) announced it has declared a quarterly cash dividend of $0.14 per share, payable on February 15, 2017, to shareholders of record on January 31, 2017. The dividend of $0.14 per share represents an increase of 12 percent from the previous quarterly dividend of $0.125 per share. The company has approximately 28.6 million shares outstanding.

Increasing our dividend underscores our confidence in our ability to continue to grow revenues, earnings and cash flow as we execute our strategies for growth organically and through acquisition, and our operational excellence initiatives, said... More