Loews Keeps Dividend Steady
Aug 13th 2013 10:00PM
Updated Aug 13th 2013 10:06PM
Diversified industrial conglomerate Loews announced today its third-quarter dividend of $0.0625 per share, the same rate it's paid since 2006.
The board of directors said the quarterly dividend is payable on September 16 to holders of record at the close of business on August 30. The regular dividend payment equates to a $0.25-per-share annual dividend, yielding 0.5% based on the closing price today of Loews' stock.
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