Lender Processing Keeps Dividend Steady

Mortgage lender technology provider Lender Processing Services  (NYSE: LPS  ) announced today its third-quarter dividend of $0.10 per share, the same rate it's paid since 2008.

The board of directors said the quarterly dividend is payable on Dec. 12 to the holders of record at the close of business on Nov. 28. The regular dividend payment equates to a $0.40-per-share annual dividend, yielding 1.2% based on the closing price today of Lender Processing Services' stock.

LPS Dividend Chart

LPS 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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