Pier 1 Keeping Quarterly Dividend Steady

The dividend for home goods company Pier 1 Imports is staying steady this quarter at a nickel per share of common stock. The furnishings retailer has paid the same amount to investors since January 2013, after upping payments from $0.04 per share.

Pier 1 will make its latest dividend payable on Nov. 6 to shareholders of record as of the close of business on Oct. 23. The company's payout adds up to an annualized amount of $0.20 per share. As of the stock market's close on Sept. 26, Pier 1's stock was trading at $19.88, which gives the company a dividend yield of 1%.

PIR Dividend Chart

PIR Dividend data by YCharts

The article Pier 1 Keeping Quarterly 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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