Mine Safety Appliances (NYSE:MSA) is once again reaching into the earth to extract a dividend for its shareholders. The company has declared a common stock distribution for its Q3, which is to be $0.30 per share paid on September 10 to shareholders of record as of August 19. That amount matches the firm's previous disbursement, which was handed out in June. Prior to that, Mine Safety Appliances paid $0.28 per share.
It also declared a payout for its preferred stock of $0.5625 per share. This will be dispensed on September 1 to holders of record as of August 19.
The freshly declared common stock dividend annualizes to $1.20 per share. That yields 2.2% at Mine Safety Appliances' most recent closing stock price of $53.41.
Fool contributor Eric Volkman has no position in Mine Safety Appliances. The Motley Fool recommends Mine Safety Appliances. 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.