Pall Keeps Dividend Steady

Filtration specialist Pallannounced yesterday its third-quarter dividend of $0.25 per share, the same rate it's paid for the past three quarters after raising the payout 19% from $0.21 per share.

The board of directors said the quarterly dividend is payable on Aug. 16 to the holders of record at the close of business on Aug. 2. The filtration and purification specialist has made quarterly payouts to investors since 1999.

The regular dividend payment equates to a $1.00-per-share annual dividend, yielding 1.4% based on the closing price of Pall's stock on July 10

PLL Dividend Chart
PLL Dividend Chart

PLL Dividend data by YCharts.


The article Pall Keeps Dividend Steady originally appeared on

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.