Peabody Energy Keeps Dividend Steady
Coal giant Peabody Energyannounced yesterday its third-quarter dividend of $0.085 per share, the same rate it's paid since 2010.
The board of directors said the quarterly dividend is payable on Aug. 29 to the holders of record at the close of business on Aug. 8. The coal miner has made quarterly payouts to investors since 2001.
The regular dividend payment equates to a $0.34-per-share annual dividend, yielding 2% based on the closing price today of Peabody Energy's stock.
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