Biopharmaceutical Questcor Pharmaceuticals announced this morning its second-quarter dividend of $0.25 per share, the same rate it paid last quarter after raising the payout 25%, from $0.20 per share.
The board of directors said the quarterly dividend is payable on July 30 to the holders of record at the close of business on July 22. Questcor only began making a payout in 2012.
The regular dividend payment equates to a $1.00-per-share annual dividend, yielding 2.9% based on the closing price of Questcor Pharmaceuticals' stock on May 28.
The article Questcor Keeps Dividend Steady at a Quarter originally appeared on Fool.com.
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