Business supplies company Ennisannounced today its third-quarter dividend of $0.175 per share, the same rate it's paid for the past four quarters after raising the payout 17%, from $0.15 per share.
The board of directors said the quarterly dividend is payable on Nov. 1 to the holders of record at the close of business on Oct. 7. The regular dividend payment equates to a $0.70-per-share annual dividend, yielding 3.8% based on the closing price today of Ennis' stock.
The article Ennis Keeps Dividend Steady originally appeared on Fool.com.
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