G&K Services, Inc. (GK) Raises Quarterly Dividend 14.8% to $0.31; 2.3% Yield

G&K Services, Inc. (NASDAQ: GK) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. This is a 14.8% increase from the prior dividend of $0.27.

The dividend will be payable on September 26, 2014, to stockholders of record on September 11, 2014, with an ex-dividend date of September 9, 2014.

The annual yield on the dividend is 2.3 percent.

This marks G&K’s ninth consecutive year with a dividend increase, during which time its quarterly dividend has increased more than seventeen-fold, from $0.0175 per share to $0.31 per share.

For a dividend history and other dividend-related data on G&K Services, Inc. (GK) click here.

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