Exelis Keeps Dividend Steady
Aerospace and defense technology specialist Exelis announced today its third-quarter dividend of $0.1033 per share, the same rate it's paid since it began making a quarterly payout in 2011.
The board of directors said the quarterly dividend is payable on October 1 to holders of record at the close of business on August 30. The regular dividend payment equates to about a $0.41-per-share annual dividend, yielding 2.7% based on the closing price today of Exelis's stock.
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