National Instruments has elected to maintain its dividend. The company declared a distribution of $0.14 per share, to be paid on Sept. 3 to shareholders of record as of Aug. 12. That amount matches each of the company's previous six distributions, the most recent of which was paid at the beginning of June. Before that, National Instruments handed out $0.10 per share.
The company has been a steady dividend payer over the years. Since August 2003, its distribution has ranged from $0.05 to $0.15 per share.
The just-declared dividend annualizes to $0.56 per share. That yields 1.8% at National Instruments' most recent closing stock price of $30.52.
The article National Instruments Keeps Dividend Steady originally appeared on Fool.com.
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