PriceSmart (PSMT) announced an 8.6% increase to its annual dividend and the results of the Company’s 2025 annual meeting of stockholders that was held on February 6, 2025. On February 6, 2025, the Company’s Board of Directors declared an annual cash dividend in the total amount of $1.26 per share, with 63c per share payable on February 28, 2025 to stockholders of record as of February 18, 2025 and 63c per share payable on August 29, 2025 to stockholders of record as of August 15, 2025. This represents an 8.6% increase over last year’s $1.16 per share dividend, which was paid in two 58c per share installments. The decision to increase the annual dividend by 8.6% by the Board of Directors reflects the Board’s confidence in PriceSmart and the strength of its cash generating activities.
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