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Apogee Enterprises increases quarterly dividend by nine percent

Apogee Enterprises, Inc. has announced that its Board of Directors has declared a quarterly cash dividend of USD 0.24 per share, a nine percent increase from its previous quarterly dividend rate of USD 0.22 per share.

The dividend will be payable on February 15, 2023, to shareholders of record at the close of business on January 31, 2023. This marks Apogee’s tenth consecutive year with a dividend increase, during which time the quarterly dividend has grown by 167 percent, from USD 0.09 per share to USD 0.24 per share.

“This dividend increase reflects our improved operational performance, strong financial position, and ability to generate consistent cash flow,” said Ty R. Silberhorn, Chief Executive Officer. “As we continue to execute our strategy, we’re committed to delivering value through investing in profitable growth and returning capital to our shareholders.”

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