This morning, Pier 1 Imports (NYSE:PIR) declared its quarterly dividend of 4 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 0.8% going forward.
Shares of Pier 1 were higher on Friday, picking up 1.7% so far.
In other dividend news, Axis Capital (NYSE:AXS) maintained its quarterly dividend of 24 cents per share. Agilent Technologies (NYSE:A) maintained a dividend of 10 cents per share. And Medicis Pharmaceutical (MRX) maintained its quarterly dividend of 10 cents per share.
Among dividend increases, Western Asset Mortgage Capital (NYSE:WMC) announced its quarterly dividend of 85 cents per share, an increase of about 124% over its initial stub dividend in August of 38 cents.
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