Electro Scientific Maintains $0.08 Dividend
Laser-based manufacturing specialist Electro Scientific Industrieswill pay a second-quarter dividend of $0.08 per share, the same rate it's paid since it started making a payout last year, the company announced yesterday.
The quarterly dividend is payable on June 19 to the holders of record at the close of business on June 5. In December, Electro Scientific paid a special dividend of $2.00 per share.
The regular dividend payment equates to a $0.32-per-share annual dividend yielding 2.9% based on the closing price of Electro Scientific Industries' stock on May 14.
The article Electro Scientific Maintains $0.08 Dividend 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.