Beam Raises Qtr. Dividend from $0.205 to $0.225/Share
Beam Inc. (NYSE: BEAM), a leading global premium spirits company, today announced that its board of directors approved a 10% increase in the indicated annual dividend rate on the company's common stock. The dividend will increase 8 cents per share to an annual rate of $0.90 (payable 22.5 cents per quarter) from $0.82 per share (20.5 cents per quarter).
(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.