Campbell Soup (NYSE:CPB) is continuing to pour a nice comforting bowl of dividend for its investors. The company has declared a quarterly payout of $0.29 per share, to be paid on July 29 to shareholders of record as of July 8. That amount matches each of the firm's previous distributions stretching back to January 2011. Prior to that, it handed out $0.275.
This will be the first dividend payment made this year by Campbell Soup. Last December, it "advanced" a disbursement planned for early the following year.
The just-declared dividend annualizes to $1.16 per share. That yields 2.6% at Campbell Soup's current stock price of $44.36.
Fool contributor Eric Volkman has no position in Campbell Soup, 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.