Apogee Enterprises Announces Seven Percent Increase to Quarterly Dividend

Rhea-AI Summary

Apogee Enterprises, Inc. (Nasdaq: APOG) has declared a quarterly cash dividend of $0.20 per share, marking a 7% increase from the previous $0.1875 rate. This dividend will be payable on February 16, 2021, to shareholders of record as of February 1, 2021. This announcement signifies Apogee's eighth consecutive year of dividend increases, with the quarterly dividend having more than doubled from $0.09 to $0.20.

Positive

• Quarterly cash dividend increased by 7% to $0.20 per share.
• Eighth consecutive year of dividend increases.
• Quarterly dividend has more than doubled from $0.09 to $0.20.

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• None.

Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, a 7 percent increase from its previous quarterly dividend rate of $0.1875 per share. The dividend will be payable on February 16, 2021 to shareholders of record at the close of business on February 1, 2021. This marks Apogee’s eighth consecutive year with a dividend increase, during which time the quarterly dividend has more than doubled, from $0.09 per share to $0.20 per share.

About Apogee Enterprises, Inc.

Apogee Enterprises, Inc. (Nasdaq: APOG) delivers distinctive solutions for enclosing commercial buildings and framing art. Headquartered in Minneapolis, MN, we are a leader in architectural products and services, providing architectural glass, aluminum framing systems and installation services for buildings, as well as value-added glass and acrylic for custom picture framing and displays. For more information, visit www.apog.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210113005089/en/

FAQ

What is the new dividend amount for APOG shareholders?

The new dividend amount for APOG shareholders is $0.20 per share.

When will the APOG dividend be paid?

The APOG dividend will be paid on February 16, 2021.

What was the previous dividend amount for Apogee Enterprises?

The previous dividend amount for Apogee Enterprises was $0.1875 per share.

How many consecutive years has Apogee increased its dividend?

Apogee has increased its dividend for eight consecutive years.