OAK BROOK, Ill. - Federal Signal Corporation (NYSE: NYSE:FSS), a company specializing in equipment that serves municipal, governmental, industrial, and commercial customers, announced an increase in its quarterly cash dividend. The Board of Directors has declared a dividend of twelve cents ($0.12) per share on its common stock, marking a 20% increase from the previous quarter's dividend.
This enhanced dividend is scheduled to be paid on March 28, 2024, to shareholders who are on record as of the close of business on March 15, 2024. The increment represents an additional $0.02 per share compared to the dividend declared in the prior quarter.
Federal Signal, founded in 1901 and headquartered in Oak Brook, Illinois, operates worldwide with manufacturing facilities that produce a variety of products. The company is structured into two main groups: Environmental Solutions and Safety and Security Systems, delivering equipment that moves material, cleans infrastructure, and aims to protect communities.
This article is based on a press release statement by Federal Signal Corporation.
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