Financial products provider Primerica announced yesterday its second-quarter dividend of $0.11 per share, the same rate it paid last quarter after raising the payout from $0.08 per share.
The board of directors said the quarterly dividend is payable on June 10 to the holders of record at the close of business on May 24. Primerica has paid a quarterly dividend since 2010.
The regular dividend payment equates to a $0.44-per-share annual dividend, yielding 1.3% based on the closing price of Primerica's stock on May 13.
The article Primerica Keeps Dividend Steady at $0.11 originally appeared on Fool.com.
Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.