Weis Markets Keeps Dividend Steady
Mid-Atlantic grocery store chain Weis Marketsannounced yesterday its third-quarter dividend of $0.30 per share, the same rate it's paid for the past six quarters.
The board of directors said the quarterly dividend is payable on Aug. 5 to the holders of record at the close of business on July 22. The grocery store chain has made quarterly payouts to investors since at least 1991. It paid a special dividend of $1.30 per share in December 2011.
The regular dividend payment equates to a $1.20-per-share annual dividend, yielding 2.5% based on the closing price of Weis Markets' stock on July 11.
WMK Dividend data by YCharts
Chart reflects special dividend payment made in December 2011
The article Weis Markets Keeps Dividend Steady originally appeared on Fool.com.
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