Business technology consultants, Broadridge Financial Solutions (BR), announced today that it would double its annual dividend from $0.28 per share up to $0.56 per share. The dividend will be paid in quarterly installments, with the first dividend of $0.14 per share being paid in October.
In afternoon trading, shares of Broadridge Financial Solutions were trading higher, up more than five and a half percent
In other dividend news, 3M Company (MMM) maintained its quarterly dividend of 51 cents per share. Nike (NKE) maintained its quarterly dividend of 25 cents per share. Property and casualty insurer Loews Corporation (L) maintained its quarterly dividend of 6.25 cents per share. And geriatric pharmaceutical services company, Omnicare (OCR), maintained its quarterly dividend of 2.25 cents per share.
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