Xylem (NYSE:XYL) has declared plans to keep its dividend steady this quarter at $0.1164 per share of common stock. The water technology provider has paid this amount to investors since December 2012, after upping the dividend 15% from $0.1012.
The latest dividend from Xylem will be payable on Dec. 11 to shareholders of record as of Oct. 23. Annualized, Xylem's dividend adds to $0.4656 per share. The company's stock price was trading at $27.93 as of the market's close on October 10. This means Xylem currently has a 1.6% dividend yield.
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