Logitech: stock up on raised dividend

(CercleFinance.com) - Logitech was up in Zurich on Tuesday, after announcing its intention to better remunerate its shareholders by increasing its dividend.


At 3:45 p.m., the digital peripherals specialist's shares were up 1.8%, outperforming the Swiss stock market (+0.8%).

This morning tmouse and keyboard maker announced that it plans to pay a cash dividend that is up 10% to 0.96 Swiss franc per share for FY 2021/2022 (ended in late March).

In a statement, Logitech says that it paid out a "record" of 500 million dollars to its shareholders in FY 2021/2022, both in the form of dividends and share buybacks.



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