CARBO Ceramics Keeps Dividend Steady
Proppant maker CARBO Ceramicsannounced today its third-quarter dividend of $0.30 per share, the same rate it paid last quarter after raising the payout to investors 11%, from $0.27 per share.
The board of directors said the quarterly dividend is payable on Nov. 15 to the holders of record at the close of business on Nov. 1. The regular dividend payment equates to a $1.20-per-share annual dividend, yielding 1.1% based on the closing price today of CARBO Ceramics' stock.
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