Snyder's-Lance Keeps Dividend Steady at $0.16
As part of snack food maker Snyder's-Lance's first-quarter earnings report today, it announced the payment of its regularly quarterly dividend of $0.16 per share.
It has made a payout to shareholders every quarter for more than 40 years and has consistently paid a $0.16-per-share dividend for more than a decade.
Snyder's-Lance made an additional special dividend of $3.75 to shareholders in the fourth quarter of 2010.
The regular dividend is payable on May 30 to stockholders of record at the close of business on May 22. It equates to a $0.64-per-share annual dividend yielding 2.5% at the closing price of Snyder's-Lance stock on May 6.
The article Snyder's-Lance Keeps Dividend Steady at $0.16 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.
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