McGraw-Hill Cos. (MHP) Raises Quarterly Dividend 2% to $0.255; 2.2% Yield
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McGraw-Hill Cos. (NYSE: MHP) declared a quarterly dividend of $0.255 per share, or $1.02 annualized. This is a 2% increase from the prior dividend of $0.25.
The dividend will be payable on March 12, 2012, to stockholders of record on February 27, 2012, with an ex-dividend date of February 23, 2012.
The annual yield on the dividend is 2.2 percent.
This is the 39th consecutive annual dividend hike.
"The Board's decision to boost the dividend demonstrates once again our commitment to enhancing shareholder value," said Harold McGraw III, chairman, president and CEO of The McGraw-Hill Companies."
The dividend will be payable on March 12, 2012, to stockholders of record on February 27, 2012, with an ex-dividend date of February 23, 2012.
The annual yield on the dividend is 2.2 percent.
This is the 39th consecutive annual dividend hike.
"The Board's decision to boost the dividend demonstrates once again our commitment to enhancing shareholder value," said Harold McGraw III, chairman, president and CEO of The McGraw-Hill Companies."
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