TransUnion Increases Quarterly Dividend by 8% and Expands Share Buyback Program to $2 Billion
TransUnion (TRU) has announced an 8% increase in its quarterly dividend, raising the payout from $0.125 to $0.135 per share. The company set a forward dividend yield of 0.68%, with the upcoming payment scheduled for November 25. Shareholders of record must be registered by November 10 to qualify for this distribution. In addition to the dividend hike, TransUnion's Board of Directors has expanded its share repurchase authorization to $2 billion. This dual approach of increasing shareholder returns through both dividends and aggressive buybacks signals management's confidence in the company's cash flow and long-term financial stability.