CA Technologies Keeps Dividend Steady
CA Technologies isn't veering from its existing dividend policy. The company has declared a quarterly common stock distribution of $0.25 per share, to be handed out on September 10 to shareholders of record as of August 22. That amount matches each of the firm's previous six distributions, the most recent of which was paid at the beginning of June. Prior to that, CA Technologies was substantially less generous, dispensing $0.05 per share.
The firm has paid dividends for many years, although it rarely adjusts the amount. Since 2000, its disbursement has ranged from $0.04 per share to the present level.
The just-declared dividend annualizes to an even $1.00 per share. That yields 3.3% at CA Technologies' most recent closing stock price of $30.12.
The article CA Technologies Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Eric Volkman has no position in CA Technologies, and neither does The Motley Fool. 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.
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