This morning, Towers Watson (NASDAQ: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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