By Colin Kellaher
Acushnet Holdings' board has raised the golf-equipment maker's quarterly dividend by 9.3%, to 23.5 cents a share from 21.5 cents.
The new payout, equal to 94 cents a year, represents an annual yield of about 1.42%, based on Wednesday's closing price of $66.15, up from 1.3%.
The Fairhaven, Mass., company on Thursday said the increased dividend is payable March 21 to shareholders of record March 7.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 27, 2025 08:37 ET (13:37 GMT)
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