Exelis Keeps Dividend Steady
Aerospace and defense technology specialist Exelisannounced today its third-quarter dividend of $0.1033 per share, the same rate it's paid since it began making a quarterly payout in 2011.
The board of directors said the quarterly dividend is payable on October 1 to holders of record at the close of business on August 30. The regular dividend payment equates to about a $0.41-per-share annual dividend, yielding 2.7% based on the closing price today of Exelis's stock.
The article Exelis Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned, 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.