Sun Hydraulics Declares Q3 Dividend

The sun continues to beam on Sun Hydraulics' (NASDAQ: SNHY  ) dividend. The company has declared a common stock distribution of $0.09 per share for its Q3, to be paid on October 15 to shareholders of record as of September 30. That amount matches its usual regular dividend. The preceding payout was dispensed in July.

Sun Hydraulics is a habitual dividend payer, and has handed out a special distribution on occasion. In December of last year, it declared such a payout of $1.00 per share.

The just-declared regular dividend annualizes to $0.36 per share. That yields just under 1% at Sun Hydraulics' most recent closing stock price of $36.07.


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