Lorillard (LO) Raises Quarterly Dividend 7.3% to $0.66; 3.9% Yield

Lorillard (NYSE: LO) declared a quarterly dividend of $0.66 per share, or $2.64 annualized. This is a 7.3% increase from the prior dividend of $0.615.

The dividend will be payable on March 10, 2015, to stockholders of record on March 2, 2015, with an ex-dividend date of February 26, 2015.

The annual yield on the dividend is 3.9 percent.

For a dividend history and other dividend-related data on Lorillard (LO) click here.

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