Total System Services Keeps Dividend at a Dime
Paperless payments provider Total System Services announced yesterday its second-quarter dividend of $0.10 per share, the same rate it's paid for the past six quarters.
The board of directors said the quarterly dividend is payable on July 1 to the holders of record at the close of business on June 20. Total Systems has made quarterly payouts to investors since 1989.
The regular dividend payment equates to a $0.40-per-share annual dividend, yielding 1.7% based on the closing price of Total System Services' stock on June 3.
The article Total System Services Keeps Dividend at a Dime 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.