Flowserve Raises Quarterly Cash Dividend 5% to $0.22 Per Share
Flowserve Corporation raised its quarterly cash dividend by 5%, boosting it from $0.21 to $0.22 per share. The board approved the increase, underscoring confidence in the company's free cash flow trajectory.
1. Dividend Increase Details
Flowserve's board approved a 5% increase in its quarterly cash dividend, raising it to $0.22 per share. The decision underscores management's commitment to returning capital to shareholders through regular payouts.