NYSE:VLTOCommercial Services
Veralto (VLTO) Dividend Hike Prompts Fresh Look at Whether the Stock Still Trades Below Fair Value
Veralto (VLTO) just gave income investors something to chew on, with its board approving an 18% bump to the quarterly dividend. The payout is now set at 0.13 dollars per share and scheduled for payment in late January.
See our latest analysis for Veralto.
The move comes as Veralto’s share price sits around 100.05 dollars, with a modest positive 30 day share price return but a weaker 1 year total shareholder return. This suggests momentum is still rebuilding as investors reassess its growth...