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Sigma-Aldrich Keeps Dividend Steady

High-tech life-science specialist Sigma-Aldrich (NASDAQ: SIAL  ) announced today its third-quarter dividend of $0.215 per share, the same rate it's paid for the past three quarters after raising the payout 7.5%, from $0.20 per share. The board of directors said the quarterly dividend is payable on Dec. 13 to the holders of record at the close of business on Nov. 29.

The life sciences company also announced Michael Hollenkamp, who has been with Sigma-Aldrich since 1997, had been elected to the position of vice president and treasurer. Hollenkamp has held various leadership positions within the company's tax and treasury departments.  Prior to joining Sigma-Aldrich, he held tax positions with two other Saint Louis-based companies.

Hollenkamp has an accounting degree from Southern Illinois University and is a CPA.

The regular dividend payment equates to a $0.86-per-share annual dividend, yielding 1% based on the closing price today of Sigma-Aldrich stock.

SIAL Dividend Chart

SIAL Dividend data by YCharts

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Rich Duprey

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time.

Having made the streets safe for Truth, Justice and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. So follow me on Facebook and Twitter for the most important industry news in retail and consumer products and other great stories.


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12/31/1969 7:00 PM
SIAL $0.00 Down +0.00 +0.00%
Sigma-Aldrich Corp CAPS Rating: ****