Xylem has declared plans to keep its dividend steady this quarter at $0.1164 per share of common stock. The water technology provider has paid this amount to investors since December 2012, after upping the dividend 15% from $0.1012.
The latest dividend from Xylem will be payable on Dec. 11 to shareholders of record as of Oct. 23. Annualized, Xylem's dividend adds to $0.4656 per share. The company's stock price was trading at $27.93 as of the market's close on October 10. This means Xylem currently has a 1.6% dividend yield.
The article Xylem Keeps Quarterly Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned, and neither does The Motley Fool. 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.
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