Roper Keeps Dividend Steady
Engineered products manufacturer Roper Industriesannounced yesterday its second-quarter dividend of $0.165 per share, the same rate it's paid for the past two quarters after raising the payout 20% from $0.1375 per share.
The board of directors said the quarterly dividend is payable on July 26 to the holders of record at the close of business on July 12. The industrial products maker has made quarterly payouts to investors since 2004.
The regular dividend payment equates to a $0.66-per-share annual dividend, yielding 0.5% based on the closing price of Roper Industries' stock on June 17.
The article Roper 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.