Masco Corporation MAS revealed that its Board declared a quarterly dividend of $0.095 per share. The dividend offered 1.20 percent yield and represented a payout ratio of 32 percent. Also, the quarterly dividend worked out to $0.38 a share on an annualized pace.
The company stated the dividend would be payable on August 8 to shareholders of record on July 8, 2016.
The stock traded down by 4 percent on Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in