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Nutritional ingredients maker Innophos Holdings (NASDAQ: IPHS ) announced yesterday its third-quarter dividend of $0.35 per share, the same rate it's paid for the past three quarters after raising the payout 30%, from $0.27 per share.
The board of directors said the quarterly dividend is payable on Aug. 30 to the holders of record at the close of business on Aug. 15. The regular dividend payment equates to a $1.40-per-share annual dividend, yielding 2.8% based on the closing price today of Innophos Holdings' stock.