Newell Rubbermaid Keeps Its Dividend Steady
Newell Rubbermaid this week declared its latest quarterly dividend. The consumer and commercial products marketer will be paying $0.15 per share of common stock on Sept. 13 to shareholders of record as of Aug. 30.
This is the same amount the company has paid since December 2012, after Newell Rubbermaid raised its dividend 50%, from $0.10 per share to $0.15.
Annualized, this dividend adds up to $0.60 per share of common stock. As of market close on Aug. 7, Newell Rubbermaid's price per share was $27.06 per share. This means the company's current dividend yields approximately 2.2%.
The article Newell Rubbermaid Keeps Its Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett 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.