Culp Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Mattress bedding manufacturer Culpannounced today its third-quarter dividend of $0.04 per share, the same rate it paid last quarter after raising the payout 33% from $0.03 per share.

The board of directors said the quarterly dividend is payable on October 15 to holders of record at the close of business on October 1. The regular dividend payment equates to a $0.16-per-share annual dividend, yielding 0.9% based on the closing price today of Culp's stock.

CFI Dividend Chart
CFI Dividend Chart


CFI Dividend data by YCharts. Chart reflects the special dividend paid in December 2012.

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

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