ManpowerGroup Increases Dividend 7%

Semiannual dividend will rise to $0.46 per share.

By Rich Duprey – May 1, 2013 at 11:49AM EST

Hoping the situation will be anything but temporary, staffing specialist ManpowerGroup (MAN +0.91%) announced Tuesday it will pay a new, higher semiannual dividend of $0.46 per share on June 14 to shareholders of record at the close of business on June 3.

ManpowerGroup has paid a semiannual dividend consistently since 1994, with the just-declared payout representing a 7% increase, or $0.03 per share, from its prior distribution of $0.43.

ManpowerGroup places more than 630,000 individuals with 400,000 clients across 80 countries and territories.

The most recent dividend payment equates to a $0.92-per-share annual dividend yielding 1.7% based on the closing price of ManpowerGroup's stock on April 30.

MAN Dividend data by YCharts. Chart does not reflect new higher dividend payment.

link

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. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Does an article needs a correction? Reach Rich here.

TMFCop

ManpowerGroup Increases Dividend 7%

Read Next

About the Author

Stocks Mentioned

Premium Investing Services