Federal Signal Corporation Increases Quarterly Dividend by 13%

Rhea-AI Summary

The Board of Directors of Federal Signal Corporation (NYSE: FSS) announced a quarterly cash dividend of $0.09 per share, marking a 13% increase from the previous quarter's dividend. This increase reflects the company's commitment to delivering shareholder value. The dividend is scheduled for payment on March 31, 2021, to shareholders on record as of March 19, 2021.

Positive

• Quarterly cash dividend increased by $0.01 per share, representing a 13% rise.
• Demonstrates the company's commitment to enhancing shareholder value.

Negative

• None.

OAK BROOK, Ill., Feb. 18, 2021 /PRNewswire/ -- The Board of Directors of Federal Signal Corporation (NYSE: FSS) declared a quarterly cash dividend of nine cents ($0.09) per share on its common stock. This represents an increase of $0.01 per share, or approximately 13%, compared to the dividend declared in the prior quarter. The dividend is payable on March 31, 2021 to stockholders of record at the close of business on March 19, 2021.

About Federal Signal

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer and supplier of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Oak Brook, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: https://www.federalsignal.com.

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SOURCE Federal Signal Corporation

FAQ

What is the new dividend amount for Federal Signal (FSS)?

Federal Signal declared a new dividend amount of $0.09 per share.

When will the dividend for FSS be paid?

The dividend will be paid on March 31, 2021.

What is the record date for the FSS dividend?

The record date for the FSS dividend is March 19, 2021.

How much was the increase in the FSS quarterly dividend?

The quarterly dividend increased by $0.01, or approximately 13%.