Zoetis Keeps Dividend Steady
Pfizer's former animal health business, Zoetis , has announced plans to pay a fourth-quarter dividend of $0.065 per share to stockholders. This is the company's second dividend.
The company has paid the same amount since commencing dividend payments in June 2013, after become a public company in February of this year. Zoetis's latest dividend will be payable on Dec. 2 to shareholders of record on Nov. 1.
On an annualized basis, Zoetis's payout totals to $0.26 per share of common stock. As of the market's close on Sept. 12, the animal health care company's stock was trading at $31.08. This means its dividend currently has a yield of 0.8%.
The article Zoetis Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett 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.
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