Family Dollar Keeps Quarterly Dividend Steady

Before you go, we thought you'd like these...
Before you go close icon

Discount retailer Family Dollar today announced plans to keep its dividend steady at $0.26 per share for another quarter.

The company has paid this amount since April, after boosting its dividend 23.8%, from $0.21 per share of common stock. Family Dollar's most recent dividend will be payable Oct. 15 to stockholders of record as of Sept. 13. The retailer has paid a quarterly dividend since 1976.

On an annualized basis, Family Dollar's dividend totals to $1.04 per share. As of the market's close on Aug. 30, the company's stock was trading at $71.19, which means its dividend yields 1.5%.


FDO Dividend Chart

FDO Dividend data by YCharts.

link

The article Family Dollar Keeps Quarterly Dividend Steady originally appeared on Fool.com.

Fool contributor Caroline Bennett 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.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners