Industrial automation specialist Rockwell Automation announced yesterday its third-quarter dividend of $0.52 per share, the same rate it paid last quarter after raising the payout almost 11% from $0.47 per share.
The board of directors said the quarterly dividend is payable on Sept. 10 to the holders of record at the close of business on Aug. 12. The industrial parts maker has made quarterly cash payouts since 1996.
The regular dividend payment equates to a $2.08-per-share annual dividend, yielding 2.4% based on the closing price of Rockwell Automation's stock on June 5.
The article Rockwell Automation Keeps Dividend at $0.52 originally appeared on Fool.com.
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