IDT is boosting its quarterly dividend by nearly 17% to 7 cents a share from 6 cents.
The new payout, equal to 28 cents annually, represents an 0.5% annual yield based on Tuesday closing price of $51.65.
The dividend will be paid on March 31 to shareholders of record as of March 19, the financial technology and communications company said.
Write to Elias Schisgall at elias.schisgall@wsj.com
(END) Dow Jones Newswires
March 10, 2026 17:00 ET (21:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments