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A. Schulman (NASDAQ: SHLM ) is keeping its dividend policy steady for the moment. The company has declared its latest payout of $0.195 per share, paid on Aug. 1 to shareholders of record as of July 19. That amount matches each of the company's previous three distributions, the most recent of which was paid at the beginning of May. Before that, A. Schulman dispensed $0.19 per share.
The company has been a solid dividend payer over the years. Since 2000, its disbursement has climbed up gradually, from $0.135 per share to the current level.
The just-declared distribution annualizes to $0.78 per share. That yields just under 3% at A. Schulman's most recent closing stock price of $26.33.