Shutterstock (SSTK) Raises Quarterly Dividend 23.5% to $0.21; 1.2% Yield
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Shutterstock Increases Quarterly Dividend by 24% to $0.21 per share
January 12, 2021 4:30 PM ESTNEW YORK, Jan. 12, 2021 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering full-service solutions, high-quality content, and tools for brands, businesses and media companies, today announced that its Board of Directors has declared a cash dividend of $0.21 per share of outstanding common stock, payable on March 18, 2021, to stockholders of record at the close of business on March 4, 2021. This represents an increase of approximately 24% over the previous quarterly dividend of $0.17 per share of outstanding common stock.Â
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