Brink's Keeps Dividend Steady
Like an armored truck, Brink's is being solid with its dividend policy. The financial-services company has declared a quarterly common stock distribution of $0.10 per share, to be handed out on Sept. 3 to shareholders of record as of July 24. That's in line with the company's long-standing policy of paying that amount, which dates back to June 2007. Before that, it dispensed $0.0625 per share.
Brink's has paid a regular distribution for many years, although it rarely raises the amount.
The just-declared dividend annualizes to $0.40 per share. That yields 1.5% at the company's most recent closing stock price of $26.88.
The article Brink's Keeps Dividend Steady originally appeared on Fool.com.
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