Motorola Solutions Increases Quarterly Dividend 11 Percent

Rhea-AI Summary

Motorola Solutions (NYSE: MSI) announced an 11% increase in its regular quarterly dividend to $1.09 per share. The dividend will be paid in cash on January 15, 2025, to stockholders of record as of December 13, 2024.

Positive

• 11% increase in quarterly dividend demonstrates strong financial position
• New quarterly dividend of $1.09 per share enhances shareholder returns
• Company shows confidence in future cash flow by raising dividend

Negative

• None.

CHICAGO--(BUSINESS WIRE)-- Motorola Solutions, Inc. (NYSE: MSI) today announced that its board of directors has increased its regular quarterly dividend by 11 percent to $1.09 per share. The next quarterly dividend will be payable in cash on January 15, 2025, to stockholders of record at the close of business on December 13, 2024.

About Motorola Solutions

Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241114759069/en/

Media Contact

Alexandra Reynolds

Motorola Solutions

Alexandra.Reynolds@motorolasolutions.com

+1 312 965 3968

Investor Contact

Tim Yocum

Motorola Solutions

Tim.Yocum@motorolasolutions.com

+1 847 576 6899

Source: Motorola Solutions, Inc.

FAQ

What is Motorola Solutions' (MSI) new quarterly dividend amount?

Motorola Solutions' new quarterly dividend is $1.09 per share, representing an 11% increase.

When will Motorola Solutions (MSI) pay its next quarterly dividend?

The next quarterly dividend will be paid on January 15, 2025.

What is the record date for Motorola Solutions' (MSI) next dividend payment?

The record date is December 13, 2024. Stockholders must be on record by the close of business on this date to receive the dividend.

By what percentage did Motorola Solutions (MSI) increase its quarterly dividend?

Motorola Solutions increased its quarterly dividend by 11%.