Abacus Global Management Increases Annual Dividend by 10%
Dow Jones2026/11/05 23:25By Stephen Nakrosis
Abacus Global Management said its board has approved a 10% increase to the company's annual dividend, increasing it from 20 cents per share to 22 cents per share.
The company said under its dividend policy, it intends to distribute an annual dividend of up to 25% of adjusted net income.
The new dividend will be payable on Dec. 16 to shareholders of record as of Dec. 1, the company added.
Abacus said it expects to fund the annual dividend through cash on hand and free cash flow.
Based on the latest closing stock price of $8.75 per Abacus share, the new dividend represents a yield of 2.5%.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
November 05, 2026 18:25 ET (23:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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