Newell Rubbermaid (NWL) Boosts Qtr. Dividend 50% to 15c; Yields 3%
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Price: $5.03 +2.24%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 7.8%
Revenue Growth %: +1.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 7.8%
Revenue Growth %: +1.5%
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Newell Rubbermaid (NYSE: NWL) announced a 50 percent quarterly dividend increase from $0.10 to $0.15, effective in the fourth quarter of 2012, bringing the payout ratio to the high end of the targeted range of 30 to 35 percent.
At the current rate, Newell's new dividend will yield 3 percent.
At the current rate, Newell's new dividend will yield 3 percent.
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