CBS Keeps Dividend Steady at $0.12

Mass media giant CBS  (NYSE: CBS  )  announced yesterday its second-quarter dividend of $0.12 per share, the same rate it paid the last three quarters, after raising the payout 20%, from $0.10 per share.

The board of directors said the quarterly dividend is payable on July 1 to the holders of record at the close of business on July 10. CBS has paid a dividend every year since at least 2003.

The regular dividend payment equates to a $0.48-per-share annual dividend, yielding 0.9% based on the closing price of CBS's stock on May 23.

CBS Dividend Chart

CBS Dividend data by YCharts


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

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: 2452719, ~/Articles/ArticleHandler.aspx, 4/19/2014 2:14:49 PM

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...

Today's Market

updated 1 day ago Sponsored by:
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASD 4,095.52 0.00 0.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

4/17/2014 4:01 PM
CBS $60.64 Up +0.34 +0.56%
CBS Corp CAPS Rating: **

Advertisement