Fortive (FTV) Declares $0.07 Quarterly Dividend; 0.3% Yield
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Fortive Declares Regular Quarterly Dividend on its Common Stock and Initial Quarterly Dividend on its Preferred Stock
August 2, 2018 4:10 PM EDTEVERETT, Wash.--(BUSINESS WIRE)-- Fortive Corporation (Fortive) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 28, 2018 to common stockholders of record on August 31, 2018. In addition, Fortive announced today that its Board of Directors declared an initial quarterly cash dividend of $12.78 per share of its 5.00% Mandatory Convertible Preferred Stock, Series A, par value $0.01 per share, payable on October 1, 2018 to preferred stockholders of record on September 15, 2018. Although Fortive expects to pay dividends on a quarterly... More
