Hartford Financial Services Group increases quarterly dividend to $0.52, initiates $3.30B stock buyback program.
The Hartford Financial Services Group has raised its quarterly dividend to $0.52 per share, marking a $2.08 annualized dividend with a yield of 1.85%. This increase follows an average annual rise of 10.3% over the past three years. The company reported earnings per share of $2.53, exceeding estimates. With a market cap of $32.89 billion, it also initiated a $3.30 billion stock buyback program, indicating strong financial health.
October 26, 2024
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