This morning, Williams Sonoma (NYSE:WSM) declared its quarterly dividend of thirteen cents per share, an increase of about eight percent over its prior dividend. Based on the current stock price, investors can expect a yield of about two percent going forward.
Shares of Williams Sonoma responded well to the news, as the stock is trading higher by more than ten percent right now.
In other dividend news, Pengrowth Energy Trust (NYSE:PGH) maintained its monthly dividend of 7 cents per share. Superior Industries International (NYSE:SUP) maintained its quarterly dividend of 16 cents per share. Alaska Communications Systems (NASDAQ:ALSK) maintained its quarterly dividend of 21.5 cents per share. And Methode Electronics (NYSE:MEI) maintained its quarterly dividend of 7 cents per share.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.