Eppley Limited will be making a dividend of $37.19 per share payable on March 17, 2015 to ordinary shareholders on record as of March 10, 2015.
The stock will trade X-dividend on March 6. The payment will bring the total dividend out of profit of 2014 of $46.19 providing a dividend yield of 12.15 percent per share based on the stock price of $380. The total dividend paid out of profit for the year, amounts to $36.77 million.
The company paid a dividend of $9 per share on September 2, 2014. Eppley reported profit of $51 million or $64.19 per share for 2014, an increase over the $39 million for 2013.
$46 PS for Eppley’s dividend
February 18, 2015 by
[…] expenses climbed 16 percent for the quarter and 15 percent for the nine months. As of September, Eppley had a $1.38 billion portfolio consisting mainly of loans, leases and receivables. The average […]