Chicago Bridge & Iron Declares its First Dividend of 2013

Chicago Bridge & Iron (NYSE: CBI  ) has declared its next dividend. The company will disburse $0.05 per share of its common stock on March 28, to shareholders of record as of March 18.

The firm matched the disbursement it's been handing out recently. It has paid $0.05 every quarter since it restarted dividend payments in March 2011. Prior to that, its last distribution was made in December 2008. This amounted to $0.04 per share.

The upcoming dividend annualizes to $0.20 per share. That yields 0.4% at Chicago Bridge & Iron's current stock price of $54.01.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2272979, ~/Articles/ArticleHandler.aspx, 4/20/2014 5:04:10 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement