Fortive (FTV) Raises Quarterly Dividend 14.3% to $0.08; 0.5% Yield

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Go back to Fortive (FTV) Raises Quarterly Dividend 14.3% to $0.08; 0.5% Yield

Fortive Declares Regular Quarterly Dividend on its Common Stock

November 2, 2023 4:15 PM EDT

EVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, representing 14% increase over the previous quarterly dividend.

James A. Lico, President and Chief Executive Officer, stated, As a reflection of the confidence in our capital strength and robust cash generation, we are increasing our quarterly dividend in the fourth quarter, while prioritizing investments for growth aligned to our leadership positions in our connected workflows leveraged to favorable megatrends. We believe our capital deployment,... More