Remy International Keeps Dividend at $0.10

Before you go, we thought you'd like these...
Before you go close icon

Electric motor manufacturer Remy International  will pay a regular quarterly dividend of $0.10 per share on May 31 to shareholders of record at the close of business on May 17, the company announced Monday.

Remy began paying a quarterly dividend last year and has maintained it at the $0.10-per-share level since the start. 

Remy International is headquartered in Pendleton, Ind., with global operations spanning five continents and 10 countries. It was founded in 1896 by the Remy brothers and markets products under the Delco Remy and Remy brands.


The most recent dividend payment equates to a $0.40-per-share annual dividend yielding 2.3%.

link

The article Remy International Keeps Dividend at $0.10 originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners