RingCentral (RNG) Soars to New High as 67% Higher Dividend Payout Looms

RingCentral shares advanced significantly on Monday, reaching an intraday record of $55.30 before closing at $53.70, representing an 11.16 percent gain for the session. The momentum was driven by investor positioning ahead of the record date for elevated dividend payments to shareholders.
The company announced plans to distribute $0.125 per share in dividends, representing a 67 percent increase from previous levels. The record date for eligibility was set for August 6, 2026, with actual payment