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 (MRH) maintained its quarterly dividend of 10.5 cents per share. And Iberiabank (IBKC) maintained its quarterly dividend of 34 cents per share.
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