Corporate Executive Board Keeps Dividend Steady
May 10th 2013 10:44AM
Updated May 10th 2013 11:30AM
Corporate advisory specialist Corporate Executive Board announced yesterday its second-quarter dividend of $0.225 per share, the same rate it paid last quarter after it raised the payout 29% from $0.175 per share.
The board of directors said the quarterly dividend is payable on June 28 to the holders of record at the close of business on June 14. CEB has paid a dividend every quarter since 2004 and has increased the payout every year since 2009.
The regular dividend payment equates to a $0.90-per-share annual dividend yielding 1.6% based on the closing price of Corporate Executive Board' stock on May 9.
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