Lexmark (LXK) Raises Quarterly Dividend 20% to $0.36; CEO Rooke s 'Pleased'

Lexmark International, Inc. (NYSE: LXK) declared a quarterly dividend of $0.36 per share, or $1.44 annualized. This is a 20% increase from the prior dividend of $0.30.

The dividend will be payable on June 13, 2014, to stockholders of record on May 30, 2014, with an ex-dividend date of May 28, 2014.

The annual yield on the dividend is 3.4 percent.

"I am pleased to announce a 20 percent increase in our quarterly dividend to Lexmark's shareholders," said Paul Rooke, Lexmark chairman and chief executive officer. "The increase in our quarterly dividend reflects confidence in our ability to generate strong free cash flow while we transform Lexmark into an end-to-end solutions provider that helps customers solve their unstructured information challenges."

For a dividend history and other dividend-related data on Lexmark International, Inc. (LXK) click here.

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