Business process management specialist Pegasystems announced yesterday its third-quarter dividend of $0.03 per share, the same rate it's paid since it initiated the program in 2006.

The board of directors said the quarterly dividend is payable on July 15 to the holders of record at the close of business on July 1. 

The regular dividend payment equates to a $0.12-per-share annual dividend, yielding 0.4% based on the closing price of Pegasystems' stock on June 18.


PEGA Dividend Chart

PEGA Dividend data by YCharts

The article Pegasystems Keeps Dividend Steady originally appeared on Fool.com.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool recommends Pegasystems. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.

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