Weight Watchers Keeps Dividend Steady
Weight-loss specialist Weight Watchers International announced today its second-quarter dividend of $0.175 per share, the same rate it's paid since it began making a payout in 2006.
The board of directors said the quarterly dividend is payable on July 12 to the holders of record at the close of business on June 28.
The regular dividend payment equates to a $0.70-per-share annual dividend, yielding 1.5% based on the closing price of Weight Watchers' stock on June 12.
The article Weight Watchers 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.