By Katherine Hamilton
Logitech International said its board of directors approved an increase of its annual dividend.
If approved by shareholders, the dividend would rise to 1.26 Swiss francs ($1.52) a share, up from 0.10 Swiss francs, the Swiss hardware designer said Tuesday.
The new payout represents an annual yield of 1.8% based on Tuesday's closing price of 71.72 Swiss francs.
Logitech paid $797 million to shareholders in fiscal-year 2025 through its annual dividend payment and share repurchases.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
May 20, 2025 16:54 ET (20:54 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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