Summary
Motorola Solutions, Inc. (MSI) filed an 8-K on November 2, 2017, primarily to announce its financial results for the third quarter ended September 30, 2017, and a significant increase in its regular quarterly cash dividend. The press release, attached as an exhibit, provides details on the company's operational and financial performance during the period. Key for investors is the Board of Directors' decision to raise the quarterly cash dividend by 11% to $0.52 per share, signaling confidence in the company's financial health and commitment to returning capital to shareholders. While specific financial figures are detailed in the accompanying press release (Exhibit 99.1), the dividend increase suggests positive underlying business trends and a favorable outlook.
Key Highlights
- 1Announcement of third-quarter 2017 financial results.
- 2Board of Directors increased regular quarterly cash dividend by 11%.
- 3New quarterly dividend rate is $0.52 per share.
- 4Dividend payable January 12, 2018, to stockholders of record on December 15, 2017.
- 5Financial results and dividend announcement were made via press release filed as Exhibit 99.1.
- 6Information furnished under Item 2.02 is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.