This morning, PetSmart (PETM) declared its quarterly dividend of 16.5 cents per share, an increase of about 18% over its prior dividend. Based on the current stock price, investors can expect a yield of about 1% going forward.
Shares of PetSmart were higher by 1.3% on the news today.
In other dividend news, Steel Dynamics (NASDAQ:STLD) maintained its quarterly dividend of 10 cents per share. Entertainment Properties Trust (NYSE:EPR) maintained its quarterly dividend of 75 cents per share. Montpelier Re (NYSE:MRH) maintained its quarterly dividend of 10.5 cents per share. And Iberiabank (NASDAQ:IBKC) maintained its quarterly dividend of 34 cents per share.
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