The 4.2% increase marks the company’s latest dividend hike, payable to shareholders of record on September 11.
Corby Spirit and Wine announced a 4.2% increase in its quarterly dividend to CAD 0.25 per share, up from CAD 0.24 previously. The dividend will be paid on September 25 to shareholders of record as of September 11, with an ex-dividend date set for the same day.
The company’s prior dividend stood at CAD 0.24 per share, reflecting a consistent pattern of gradual increases. Corby Spirit and Wine has maintained a steady dividend growth strategy, aligning with its historical yield trends.
No immediate market reaction was specified in the announcement.