Bekaert announces unexpected dividend increase for investors

Bekaert has announced an unexpected increase in its dividend, surprising investors. This comes after a challenging year for the company, which had a 13% free cash flow yield in July 2024. The dividend hike indicates a shift in Bekaert's financial strategy, despite ongoing complications in world trade. The company aims to balance dividend payouts with growth opportunities. This development marks a notable change from the previous year, when Bekaert was in a transition phase. Investors will be watching closely to see how this affects the company's future performance.