Brink's Keeps Dividend Steady
Like an armored truck, Brink's is being solid with its dividend policy. The financial-services company has declared a quarterly common stock distribution of $0.10 per share, to be handed out on Sept. 3 to shareholders of record as of July 24. That's in line with the company's long-standing policy of paying that amount, which dates back to June 2007. Before that, it dispensed $0.0625 per share.
Brink's has paid a regular distribution for many years, although it rarely raises the amount.
The just-declared dividend annualizes to $0.40 per share. That yields 1.5% at the company's most recent closing stock price of $26.88.
The article Brink's Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Brink's. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
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