MTS Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Test-systems and position-sensor manufacturer MTS Systemsannounced yesterday its third-quarter dividend of $0.30 per share, the same rate it's paid for the past four quarters.

The board of directors said the quarterly dividend is payable on Oct. 1 to the holders of record at the close of business on Sept. 16. This marks the testing-hardware maker's 127th consecutive quarterly dividend.

The regular dividend payment equates to a $1.20-per-share annual dividend, yielding 1.9% based on the closing price of today of MTS Systems' stock.


MTSC Dividend Chart
MTSC Dividend Chart

MTSC Dividend data by YCharts

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

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.

Advertisement