UL Solutions Inc. announced that its board of directors has declared a quarterly dividend of $0.13 per share. This represents an increase of $0.005 per share, raising the annual dividend rate by 4% to $0.52 per share.
The increased dividend will be paid on March 10, 2025, to shareholders of record as of the close of business on February 28, 2025. This marks a positive adjustment to the company's shareholder return policy.
Jennifer Scanlon, president and CEO, stated that UL Solutions is pleased to increase its quarterly dividend, providing additional return to shareholders. This action reflects the company's confidence in its financial performance and outlook.
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