This morning, Javelin Mortgage Investment Corporation (NYSE:JMI) declared its monthly dividend of 15 cents per share, maintaining the amount paid to shareholders the prior month. Based on the current stock price, investors can expect a yield of about 14.3% going forward. Shares of JMI were higher on the news, picking up 2.8% on Wednesday.
In other dividend news, Cisco (NASDAQ:CSCO) maintained its quarterly dividend of 17 cents per share. Kraft Foods Group (NASDAQ:KRFT) maintained its quarterly dividend of 52.5 cents per share. Sempra Energy (NYSE:SRE) maintained its quarterly dividend of 63 cents per share. And Fifth Third Bancorp (NASDAQ:FITB) maintained its quarterly dividend of 12 cents per share.
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