Zimmer Keeps Dividend Steady

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Medical device maker Zimmer Holdings announced today its second-quarter dividend of $0.20 per share, the same rate it paid last quarter after raising the payout 11% from $0.18 per share.

The board of directors said the quarterly dividend is payable on July 26 to the holders of record at the close of business on June 28. The medical device maker began making payouts to investors in April 2012.

The regular dividend payment equates to an $0.80-per-share annual dividend, yielding 1% based on the closing price of Zimmer Holdings' stock on June 13.

ZMH Dividend Chart

ZMH Dividend data by YCharts.


The article Zimmer Keeps Dividend Steady originally appeared on Fool.com.

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