After the bell on Monday, Linn Energy (LINE) declared its quarterly distribution of 66 cents per share, an increase of about 5% over its prior distribution. Based on the current stock price, investors can expect a yield of about 7.9% going forward.
In afternoon trading, shares of Linn Energy were higher, picking up about 1.5% today.
In other dividend news, International Business Machines (NYSE:IBM) maintained its quarterly dividend of 65 cents per share. Bank of America (NYSE:BAC) maintained its quarterly dividend of 1 cent per share. Boeing (NYSE:BA) maintained its quarterly dividend of 42 cents per share. And Noble Energy (NYSE:NBL) maintained its quarterly dividend of 18 cents per share.
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