This morning, Towers Watson (TW) declared its quarterly dividend of 7.5 cents per share, maintaining the amount paid last quarter to shareholders. Based on the current stock price, investors can expect a yield of about 0.6% going forward.
Shares of Towers Watson were trading higher Monday afternoon, up almost 1.5% so far.
In other dividend news, Western Union (NYSE:WU) maintained a dividend of 6 cents per share. Packaging Corporation of American (NYSE:PKG) maintained its quarterly dividend of 15 cents per share. Aberdeen Asia Pacific Fund (AMEX:FAX) maintained its monthly dividend of 3.5 cents per share.
Among dividend increases, Coach (NYSE:COH) announced its quarterly dividend of 15 cents per share, an increase of about 100% over its prior dividend in March of 7.5 cents.
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