MFC Industrial Keeps Dividend Steady
Global commodity supply chain company MFC Industrialannounced yesterday its third-quarter dividend of $0.06 per share, the same rate it's paid for the past year.
The board of directors said the quarterly dividend is payable on July 30 to the holders of record at the close of business on July 19. The supply chain specialist has made quarterly payouts to investors since 2011. The regular dividend payment equates to a $0.24-per-share annual dividend, yielding 3% based on the closing price of MFC Industrial's stock on July 9.
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