Decisive Dividend Corporation Announces Monthly Dividend Increase for March 2024 Dividend, Continuation of DRIP, and Renewal of Normal Course Issuer Bid

About this update from Decisive Dividend Corp.

[{"type":"text","content":"\n \n \n \n Decisive Dividend Corporation Announces Monthly Dividend Increase for March 2024 Dividend, Continuation of DRIP, and Renewal of Normal Course Issuer Bid\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n KELOWNA, BC\n \n \n ,\n \n \n Feb. 15, 2024\n \n \n /CNW/ - Decisive Dividend Corporation (TSXV: DE) (the \"\n \n Corporation\n \n \") is pleased to announce an increase in its monthly dividend to\n \n $0.045\n \n per common share effective\n \n March 2024\n \n . The increased monthly dividend represents annualized dividends of\n \n $0.54\n \n per common share, up 12.5% from the previous level set at\n \n $0.48\n \n per common share on an annualized basis. This increase reflects the Corporation's 2023 operating performance and is consistent with Decisive's objective of providing shareholders with long-term, sustainable, and growing dividends.\n \n \n \n \n \n \n \n \n \n \n Jeff Schellenberg\n \n , Chief Executive Officer of Decisive, noted:\n \n \n \n \"We have seen significant growth in our cash flows including, and most importantly, on a per share basis. This growth was driven by the four acquisitions we completed in 2023 and the strength of our 2023 operating results.\n \n \n \n \n As we are committed to sharing this success with our shareholders, we are delighted to announce our third dividend increase in the last twelve months. The increase in the monthly dividend to\n \n $0.045\n \n per common share, which is supported by the growth of our cash flows and our outlook for the future business performance of our diversified portfolio of operating subsidiaries, positions us comfortably within our targeted payout ratio range. This supports our objective of dividend growth and sustainability, even as we see historical seasonality patterns continuing in 2024, and near-term demand levels that are experiencing some impact from macro-level economic uncertainty.\n \n \n \n \n The actions being taken by our team of leaders in place at our subsidiaries and head office to drive continued growth in profitability and ma...

More updates from Decisive Dividend Corp.