Television content creator Scripps Networks Interactive announced yesterday its second-quarter dividend of $0.15 per share, the same rate it paid last quarter after it increased it 25%, from $0.12 per share.
The board of directors said the quarterly dividend is payable on June 10 to the holders of record at the close of business on May 31. Scripps has increased its annual dividend each year for the past two years.
The regular dividend payment equates to a $0.60-per-share annual dividend yielding 0.9%, based on the closing price of Scripps Networks Interactive's stock on May 15.
The article Scripps Networks Maintains $0.15 Dividend originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Scripps Networks Interactive. 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.