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UL Solutions Announces Increased Quarterly Dividend

1. UL Solutions announced a quarterly dividend increase to $0.13 per share. 2. The annual dividend rate rises 4% to $0.52 per share. 3. Dividend to be paid on March 10, 2025, for Feb. 28 record holders. 4. This move reflects strong financial performance and shareholder commitment. 5. The increase signifies confidence in ongoing business growth and sustainability.

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FAQ

Why Bullish?

The dividend increase signals financial health and shareholder value, which can attract investors, similar to historical instances when dividends rose led to stock price increases for companies like Coca-Cola.

How important is it?

A dividend increase directly impacts perceived value, indicating strong performance, thus is important for current investors and market sentiment.

Why Short Term?

The immediate effect of a dividend increase tends to influence stock prices shortly after its announcement based on investor sentiment.

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ULSCOKE
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global safety science leader, today announced that its board of directors has declared a quarterly dividend of $0.13 per share, an increase of $0.005 per share, bringing the annual dividend rate to $0.52 per share, up 4% from the previous annual rate. The dividend will be paid on March 10, 2025, to shareholders of record as of the close of business on Feb. 28, 2025. “UL Solutions is pleased to increase our quarterly dividend and provide this additional return to shareholders,” said Jennifer Scanlon, president and CEO. About UL Solutions A global leader in applied safety science, UL Solutions Inc. transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions Inc. delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers’ product innovation and business growth. The UL Mark serves as a recognized symbol of trust in our customers’ products and reflects an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. Source Code: ULS-IR

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