Ensco continues to drill down and find money to return to stockholders. The company has declared its latest quarterly dividend, which will be $0.50 per share of its Class A ordinary stock. That payment will be dispensed on June 21 to shareholders of record as of June 10. The amount matches the firm's previous distribution, which was handed out in March. In each of the four quarters prior to that, Ensco paid $0.375 per share.
The current dividend annualizes to an even $2.00 per share. That yields 3.1% at Ensco's most recent closing stock price of $64.02.
The article Ensco Declares Fresh Dividend originally appeared on Fool.com.
Fool contributor Eric Volkman has no position in Ensco, and neither does The Motley Fool. 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.