Brink's Ups Dividend

The company also boosts its buyback.
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(BCO) - Get Report

announced Friday that its board approved a rise in the quarterly dividend from 2.5 cents a share to 6.25 cents a share. The dividend will be payable to shareholders on June 1.

The company also announced that it increased its stock repurchase authority by $30 million to $100 million.

"The dividend increase and additional share repurchase authorization reflect our strong cash flow, our confidence in the company's performance outlook, and our focus on enhancing long-term shareholder value," the company said.

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