F.N.B. Keeps Dividend Steady
Regional banking operator F.N.B. announced yesterday its third-quarter dividend of $0.12 per share, the same rate it's provided to shareholders since cutting the payout in half in 2009.
The board of directors said the quarterly dividend is payable on Dec. 15 to holders of record as of the close of business on Dec. 2. The regular dividend payment equates to a $0.48-per-share annual dividend, yielding 3.9% based on the closing price yesterday of F.N.B.'s stock.
The article F.N.B. Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey 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.