Cinemark Maintains $0.21 Dividend
Theater operator Cinemark announced yesterday its fiscal first-quarter dividend of $0.21 per share, the same rate it's paid since 2010.
The board of directors said the quarterly dividend is payable on June 20 to the holders of record at the close of business on June 6. Cinemark has made a quarterly payout every year since 2007.
The regular dividend payment equates to an $0.84-per-share annual dividend, yielding 2.8% based on the closing price of Cinemark's stock on May 23.
The article Cinemark Maintains $0.21 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.