DuPont's (NYSE:DD) nearly 110-year streak of consecutive quarterly dividend payments has gotten a little longer. The company has declared a common stock distribution for its Q3, which is to be $0.45 per share paid on September 12 to shareholders of record as of August 15. That amount matches the firm's previous dividend, which was handed out last month. Prior to that, DuPont paid two cents less at $0.43 per share.
The firm is noted for its consistency in paying dividends. In the press release announcing the latest disbursement, the company pointed out that it will be its 436th in a row.
The just-declared dividend annualizes to $1.80 per share. That yields 3.1% at DuPont's most recent closing stock price of $57.68.
Fool contributor Eric Volkman has no position in DuPont, 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.