Core Labs Declares Fresh Dividend
Core Laboratories is reaching into the earth to extract another shareholder payout. The company has declared a quarterly common stock dividend of $0.32 per share, to be paid on November 20 to shareholders of record as of October 18. That amount matches each of its three preceding distributions, the most recent of which was paid in August. Prior to that, Core Labs handed out $0.28 per share.
As the firm is headquartered in the Netherlands, its dividends are subject to a 15% withholding tax.
The just-declared payout annualizes to $1.28 per share. That yields 0.7% at Core Labs' most recent closing stock price of $175.29.
The company is scheduled to release its Q3 earnings on October 17.
The article Core Labs Declares Fresh Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Core Laboratories, and neither does The Motley Fool. 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.