Bread Financial Holdings Increases Quarterly Dividend to $0.25 Per Share
Bread Financial Holdings (BFH) has announced an 8.7% increase in its quarterly dividend, raising the payout from $0.23 to $0.25 per share. This move follows a period of strong financial performance where the company reported non-GAAP earnings per share of $3.84, exceeding analyst expectations by $0.61, and revenue of $1.02 billion. The dividend is scheduled to be paid on December 15, with the ex-dividend date and record date both set for November 30. This increase reflects management's confidence in the company's cash flow and capital allocation strategy amidst its ongoing participation in major financial services conferences.
Tickers: $BFH
Topics: dividend increase EPS beat quarterly earnings revenue beat