Vertiv Boosts Dividend by 67%, Shares Jump

Vertivs stock surged by over five percent on November fourteenth after announcing a sixty-seven percent increase in its annual cash dividend, now paying twenty-five cents per share. This move, reflecting the companys strong financial performance and healthy cash flow, is seen as a positive sign by investors, despite Vertivs known stock volatility. The companys stock has risen over forty-five percent this year, but it remains below its fifty-two-week high.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.