Shutterstock raises quarterly dividend by 13% to 27 cents a share
Shutterstock Inc. (SSTK) said Tuesday its board has agreed to raise its quarterly dividend by 13% to 27 cents a share. The new dividend will be payable March 15 to shareholders of record as of March 2. Shares of the stock photo provider were up about 1% premarket, but have fallen 35% in the last 12 months, while the S&P 500 has fallen 11%.
-Ciara Linnane
(END) Dow Jones Newswires
January 31, 2023 07:10 ET (12:10 GMT)
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