Non-governmental shipyard operators
will pay its investors a dividend of 10 cents per share, up 25% from its prior payout. It will be available Dec. 23 to shareholders of record on Dec. 8. At current valuations the stock's yield is 2.6%.
, a savings and loans bank, raised its payout by 5.6% to 19 cents per share, payable Sept. 30 to shareholders of record on Sept. 16. The increased payout brings the stock's current yield to 4.9%.
, a manufacturer of abrasives, electrical tools and vehicle maintenance products, increased its quarterly dividend by 33.3% to 8 cents per share. It will be paid Oct. 12 to shareholders of record on Sept. 28. At current valuations the stock's yield is 2.3%.
(TMK - Get Report)
raised its dividend by less than 1% to 16 cents per share. It will be paid Nov. 1 to shareholders of record on Oct. 2, bringing the stock's yield to 1.2%.
Starwood Property Trust
(STWD - Get Report)
, which invests in commercial mortgage loans and other commercial real estate debt investments, upped its payout by 32% to 33 cents per share. The increased dividend will be paid Oct. 15 to shareholders of record on Sept. 30. That brings the stock's current dividend yield to 6.7%.
-- Written by Miriam Marcus Reimer in New York.
>To contact the writer of this article, click here:
>To follow the writer on Twitter, go to
>To submit a news tip, send an email to:
Readers Also Like: