This morning, Spartan Stores (NASDAQ:SPTN) declared its quarterly dividend of 6.5 cents per share, an increase of 30% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1.6% going forward.
Shares of Spartan Stores were higher on the news, picking up 1.9% so far today.
In other dividend news, M&T Bank (NYSE:MTB) maintained its quarterly dividend of 70 cents per share. Quest Diagnostics (NYSE:DGX) maintained its quarterly dividend of 10 cents per share. Titanium Metals (TIE) maintained its quarterly dividend of 7.5 cents per share. And Morningstar (NASDAQ:MORN) maintained its quarterly dividend of 5 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.