Media delivery specialist Valassisannounced today its third-quarter dividend of $0.31 per share, the same rate it's paid since it started making a payout to investors three quarters ago.
The board of directors said the quarterly dividend is payable on October 15 to holders of record at the close of business on September 30. The regular dividend payment equates to a $1.24-per-share annual dividend, yielding 4.3% based on the closing price today of Valassis' stock.
The article Valassis 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.