EMCOR Group, Inc. (EME) Initiates Qtr. Dividend at $0.05; Yields 1.1%; Authorizes $100M Buyback

September 26, 2011 11:46 AM EDT
EMCOR Group, Inc. (NYSE: EME) initiates a quarterly dividend of $0.05 per share, or $0.2 annualized.

The dividend will be payable on October 25, 2011, to stockholders of record on October 11, 2011, with an ex-dividend date of October 7, 2011.

The annual yield on the dividend is 1.1 percenhe Company also announced that its Board of Directors has authorized the Company to repurchase up to $100 million of its outstanding common stock.

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