Juniper Networks Announces Increased Quarterly Cash Dividend and Intent to Enter Into an Accelerated Share Repurchase NYSE:JNPR

Source: globenewswire.com

Juniper Networks has declared an increase of its quarterly cash dividend to $0.19 per share. This dividend is scheduled to be paid on March 22, 2019 to shareholders of record as of the close of business on March 1, 2019. The dividend marks an ~6% increase compared to previous quarterly dividends. Juniper Networks intends to continue to grow its dividends over time. Additionally, the Company plans to enter an approximately $300 million accelerated share repurchase program and intends to be opportunistic with its share repurchases thereafter.