Newell Rubbermaid (NWL) Boosts Qtr. Dividend 50% to 15c; Yields 3%
Newell Rubbermai
d (NYSE: NWL) announced a 50 percent quarterly dividend increase from $0.10 to $0.15, effective in the fourth quarter of 2012, bringing the payout ratio to the high end of the targeted range of 30 to 35 percent.
At the current rate, Newell's new dividend will yield 3 percent.
d (NYSE: NWL) announced a 50 percent quarterly dividend increase from $0.10 to $0.15, effective in the fourth quarter of 2012, bringing the payout ratio to the high end of the targeted range of 30 to 35 percent.At the current rate, Newell's new dividend will yield 3 percent.