Harman (HAR) Doubles Dividend to 60c Annually; Yields 1.6%

Article Stock Quotes (1) Comments (0)

Harman International Industries, Incorporated (NYSE: HAR), the leading global audio and infotainment group, today announced that its board of directors has adopted an annual cash dividend policy pursuant to which the company will increase its annual cash dividend to $0.60 per share, to be paid quarterly at the rate of $0.15 per share. The higher rate represents a 100 percent increase over the prior quarterly rate of $0.075 per share. The increased dividend will go into effect for the new fiscal year, which starts July 1, 2012, and the first quarterly payment will be in September 2012.

Yield at current stock prices is 1.6 percent.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Group 1 Automotive (GPI) Raises Qtr. Dividend to $0.16; Yields 1.0%
• U.S. Cellular (USM) Declares $5.75 Special Dividend; 15.2% Yield
• Integrys Energy Group (TEG) Declares $0.68 Quarterly Dividend; 4.5% Yield

Create E-mail Alert Related Categories

Dividends

Related Entities

Dividend

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?