Corporate Executive Board Keeps Dividend Steady
Corporate advisory specialist Corporate Executive Board announced yesterday its second-quarter dividend of $0.225 per share, the same rate it paid last quarter after it raised the payout 29% from $0.175 per share.
The board of directors said the quarterly dividend is payable on June 28 to the holders of record at the close of business on June 14. CEB has paid a dividend every quarter since 2004 and has increased the payout every year since 2009.
The regular dividend payment equates to a $0.90-per-share annual dividend yielding 1.6% based on the closing price of Corporate Executive Board' stock on May 9.
The article Corporate Executive Board 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.