Axiall Keeps Dividend Steady at $0.08


Specialty chemicals maker Axiall announced yesterday its second-quarter dividend of $0.08 per share, the same rate it's paid for the past four quarters after reinstating the payout.

The board of directors said the quarterly dividend is payable on July 10 to the holders of record at the close of business on June 28. Axiall suspended its dividend in 2008 before starting up again last year. The rate before the suspension was the same $0.08 per share.

The regular dividend payment equates to a $0.32-per-share annual dividend, yielding 0.6% based on the closing price of Axiall' stock on May 21.

The article Axiall Keeps Dividend Steady at $0.08 originally appeared on

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.