Board of Directors at Apogee Enterprises Announces a 4% Rise in Quarterly Dividend, Marking an Eleven-Year Streak of Increases
Apogee Enterprises, Inc. has revealed a positive financial development as its Board of Directors approves a 4 percent hike in the quarterly cash dividend, now set at USD 0.25 per share. This increase, effective from February 14, 2024, showcases Apogee’s commitment to rewarding shareholders, with the dividend payable to shareholders of record as of January 30, 2024. Remarkably, this move marks the eleventh consecutive year of dividend increases for Apogee, reflecting a substantial 178 percent growth from USD 0.09 per share to the current USD 0.25 per share.
Apogee Enterprises, headquartered in Minneapolis, Minnesota, USA, is a renowned industry leader in providing architectural products and services for building enclosures. Specializing in high-performance architectural glass, windows, curtain wall systems, storefronts, and entrance systems, Apogee also offers integrated project management and installation services. Additionally, the company is recognized for its value-added glass solutions used in custom picture framing and displays. This strategic dividend increase solidifies Apogee’s financial stability and underscores its commitment to delivering value to shareholders.
Source: Apogee Enterprises, Inc. with additional information added by GlassBalkan
