Motorola Solutions (NYSE:MSI) is phoning in another shareholder payout. The communications specialist has declared its latest quarterly dividend, which is to be $0.31 per share paid next January 15 to shareholders of record as of December 13. That amount matches its previous distribution, which was paid this past Tuesday. Prior to that, Motorola Solutions paid $0.05 less, or $0.26 per share.
The just-declared dividend annualizes to $1.24 per share. That yields just a little more than 2% at the company's most recent closing stock price of $60.92.
Motorola Solutions is scheduled to discuss its Q3 results in a conference call next Wednesday taking place at 7:00 am Central time.
Fool contributor Eric Volkman has no position in Motorola Solutions, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.