Mining services company Joy Global (NYSE:JOY) intends to keep its dividend steady this quarter at $0.175 per share. The dividend will be made payable on Sept. 18 to shareholders of record as of Sept. 4. This is same amount Joy Global has paid since September 2008 , after increasing its payout 16.7% from $0.15 per share.

Joy Global has offered a quarterly dividend payout since December 2003, and its amount has increased 250% since that period. Annualized, the latest payout adds up to $0.70 per share. As of market close on Aug. 19, Joy Global stock traded at $51.15, which means its dividend currently yields 1.4%.

JOY Dividend Chart

JOY Dividend data by YCharts.


Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. 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.