American Eagle Outfitters Makes It 37 in a Row
Teen retailer American Eagle Outfitters announced today its third-quarter dividend of $0.125 per share, the same rate it paid last quarter after raising the payout nearly 14% from $0.11 per share. The retailer accelerated the first quarter dividend payment into 2012.
The board of directors said the quarterly dividend is payable on October 16 to holders of record at the close of business on October 2. The payment marks American Eagle's 37th consecutive payout to investors. The regular dividend payment equates to a $0.50-per-share annual dividend, yielding 3.5% based on the closing price today of American Eagle Outfitters' stock.
The article American Eagle Outfitters Makes It 37 in a Row 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.