Late Friday, Linn Energy (LINE) declared its quarterly distribution of 66 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect expect a yield of about 6.7% going forward.
In afternoon trading, shares of Linn Energy were higher, gaining 1.6% so far.
In other dividend news, Marathon Oil (MRO) maintained its quarterly dividend of 25 cents per share. Entergy (ETR) maintained its quarterly dividend of 83 cents per share. Prologis (PLD) maintained its quarterly dividend of 11.25 cents per share. And Alberto Culver Company (ACV) maintained its quarterly dividend of 8.5 cents per share.
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