Church & Dwight (NYSE:CHD) has decided not to veer from its existing dividend policy with its latest payout. The company declared a dividend of $0.28 per share of its stock, to be paid on June 3 to shareholders of record as of May 13. That amount matches the company's previous disbursement, which was handed out in March. Previous to that, Church & Dwight paid $0.24 per share.
The company is a habitual dividend payer that frequently adjusts the amount of its quarterly distribution. Over the past five years, those disbursements have ranged from $0.08 to $0.34 per share.
The current dividend annualizes to $1.12 per share. That yields 1.8% at Church & Dwight's most recent closing stock price of $63.85.
Fool contributor Eric Volkman has no position in Church & Dwight. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
