Domtar Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Specialty paper maker Domtarannounced today its second-quarter dividend of $0.55 per share, the same rate it paid last quarter after raising the payout 22% from $0.45 per share.

The board of directors said the quarterly dividend is payable on Oct. 15 to the holders of record at the close of business on Sept. 13.The regular dividend payment equates to a $2.20-per-share annual dividend, yielding 3.2% based on the closing price today of Domtar's stock.

UFS Dividend Chart
UFS Dividend Chart


UFS Dividend data by YCharts

The article Domtar Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.

Advertisement