Polaris Industries (PII) Raises Quarterly Dividend 1.7% to $0.61; 2.9% Yield
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Polaris Industries (NYSE: PII) declared a quarterly dividend of $0.61 per share, or $2.44 annualized. This is a 1.7% increase from the prior dividend of $0.60.
The dividend will be payable on March 15, 2019, to stockholders of record on March 1, 2019, with an ex-dividend date of February 28, 2019.
The annual yield on the dividend is 2.9 percent.
Scott Wine, Polaris’ Chairman and CEO, stated, “Today, we announced the 24th consecutive increase in our annual dividend. We have always had an unwavering commitment to delivering industry-leading shareholder returns. Our significant cash flow generation and strong financial position enables us to consistently return capital to shareholders, while delivering on our commitment to becoming a customer-centric, highly efficient growth company.”
For a dividend history and other dividend-related data on Polaris Industries (PII) click here.
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