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Television content creator Scripps Networks Interactive (NASDAQ: SNI ) announced yesterday its second-quarter dividend of $0.15 per share, the same rate it paid last quarter after it increased it 25%, from $0.12 per share.
The board of directors said the quarterly dividend is payable on June 10 to the holders of record at the close of business on May 31. Scripps has increased its annual dividend each year for the past two years.
The regular dividend payment equates to a $0.60-per-share annual dividend yielding 0.9%, based on the closing price of Scripps Networks Interactive's stock on May 15.