Barnes Group Keeps Dividend Steady
Aerospace and industrial manufacturer Barnes Groupannounced today its third-quarter dividend of $0.11 per share, the same rate it paid last quarter after raising the payout 10%, from $0.10 per share.
The board of directors said the quarterly dividend is payable on Dec. 30 to the holders of record at the close of business on Nov. 27. The regular dividend payment equates to a $0.44-per-share annual dividend, yielding 1.2% based on the closing price today of Barnes Group's stock.
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