On November 21, 2024, Quanta Services, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share. This represents an approximately 11.1% increase from the company's last quarterly cash dividend paid in October 2024.
The increased dividend is payable on January 13, 2025, to stockholders of record as of January 2, 2025. This move signals management's confidence in Quanta's financial strength and its ability to generate consistent cash flow.
The decision to raise the dividend demonstrates a commitment to returning value to shareholders. This increase can enhance the attractiveness of Quanta Services stock for investors seeking growing income streams.
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