Quest Diagnostics Declares Dividend
Quest Diagnostics has declared its latest quarterly dividend, keeping it steady with its previous payout. The company is to pay $0.30 per share of its common stock on April 16 to shareholders of record as of April 2. In doing so, the company is matching its previous disbursement in January.
In each quarter of 2012, the company paid $0.17 per share. Before that, it distributed $0.10 in every quarter from April 2006 to October 2011.
The new dividend annualizes to $1.20 per share. That yields 2.2% at the company's closing stock price of $55.80 on the day the declaration was made.
The article Quest Diagnostics Declares Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in Quest Diagnostics. The Motley Fool recommends Quest Diagnostics. 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.