...approved a quarterly cash dividend of $0.24 per share payable on the company’s common stock.The dividend is payable on March 16, 2022 to shareholders of record as of Feb. 23, 2022.The quarterly cash dividend is a key component of Applied’s capital allocation strategy. In fiscal 2021, Applied returned $4.59 billion to shareholders through dividends and share repurchases. The company had approximately $5.0 billion remaining in its share buyback authorization at the end of that period.
...approved a quarterly cash dividend of $0.24 per share payable on the company’s common stock.The dividend is payable on March 16, 2022 to shareholders of record as of Feb. 23, 2022.The quarterly cash dividend is a key component of Applied’s capital allocation strategy. In fiscal 2021, Applied returned $4.59 billion to shareholders through dividends and share repurchases. The company had approximately $5.0 billion remaining in its share buyback authorization at the end of that period.