Motorola Solutions hikes dividend by 12.3%
Communications products maker Motorola Solutions (MSI) will raise its quarterly dividend by 12.3 percent to $0.64 per share in 2019. This follows a dividend hike of almost 10 percent by MSI last year.
The increased dividend will be paid on January 15, 2020 to shareholders of record on December 13, 2019. The new annualized dividend of $2.56 per share for Motorola Solutions yields 1.6 percent at a stock price of $161.
Motorola Solutions, Inc. is a provider of communication infrastructure, devices, accessories, software and services. The company makes communications products and services for public safety and government agencies (law enforcement, fire, emergency medical services, and national government security) as well as private entities including utilities, mining, energy, manufacturing, hospitality, retail, transportation and logistics.
The increased dividend will be paid on January 15, 2020 to shareholders of record on December 13, 2019. The new annualized dividend of $2.56 per share for Motorola Solutions yields 1.6 percent at a stock price of $161.
Motorola Solutions, Inc. is a provider of communication infrastructure, devices, accessories, software and services. The company makes communications products and services for public safety and government agencies (law enforcement, fire, emergency medical services, and national government security) as well as private entities including utilities, mining, energy, manufacturing, hospitality, retail, transportation and logistics.
