On July 31, Excelerate’s Board of Directors approved a quarterly cash dividend equal to 8c per share, or 32c per share on an annualized basis, of Class A common stock, representing approximately a 33% increase from the prior quarter. The dividend is payable on September 4 to Class A common stockholders of record as of the close of business on August 20. With even greater confidence in its forward cash flow outlook following the Jamaica acquisition, Excelerate is now targeting a low double-digit annual dividend growth rate commencing in 2026 and continuing through 2028.
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