Fashion retailer Buckle has announced plans to pay investors a dividend [link opens in PDF] of $0.20 per share this quarter.
The company has paid this amount since January 2009, after dropping its payout by a nickel, or 20%, from $0.25 per share. Buckle has also periodically given investors special one-time dividends, most recently paying an additional $4.70 in December 2012.
The latest quarterly dividend will be payable on Oct. 25 to shareholders of record as of Oct. 15. Annualized, Buckle's quarterly payouts add to $0.80 per share of common stock. The company's stock was trading at $53.48 as of the market's close on Sept. 16. As a result, Buckle's dividend currently yields 1.49%.
The article Buckle to Keep Steady Dividend originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool recommends The Buckle. The Motley Fool owns shares of The Buckle. 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.