CYS Investments Lifts Common Stock Dividend

CYS Investments (NYSE: CYS  ) is being a little more generous this quarter with its common stock payout. The company has declared a quarterly dividend of $0.34 per share for that class of security, to be paid on July 17 to shareholders of record as of June 25. That amount is $0.02 higher than the firm's previous common stock distribution, which was paid in April.

Meanwhile, CYS Investments also declared a pair of preferred stock dividends. Its class A preferred shareholders will receive $0.484375 per share on July 15 to holders of record as of July 1. Those same record and payment dates apply to series B holders, who will be paid $0.390625 per share.

The new common stock dividend annualizes to $1.36 per share. That yields 13.3% at CYS Investments' most recent closing stock price of $10.23.

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.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2481929, ~/Articles/ArticleHandler.aspx, 5/28/2015 2:28:38 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...