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Booking Holdings Initiates Quarterly Dividend of $8.75

By Ben Glickman

 

Booking Holdings initiated a quarterly cash dividend of $8.75 per share on Thursday and said it plans to continue paying out a dividend in the future.

The dividend, equal to $35 a share per year, represents an annual yield of 0.9% based on the Thursday's closing price of $3,901.99.

The online travel company said it expects to pay a cash dividend quarterly, subject to market conditions and financial performance.

The dividend is payable March 28 to shareholders of record March 8.

 

Write to Ben Glickman at ben.glickman@wsj.com

(END) Dow Jones Newswires

February 22, 2024 16:30 ET (21:30 GMT)

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