Diebold Announces First-Quarter Dividend

Print
Email
Reprints
Comment
Twitter
LinkedIn
Facebook
Google+
Partner Insights

The ATM maker Diebold (DBD) said Tuesday that it is giving investors 28.75 cents per share, payable on Friday. 

The North Canton, Ohio, company said the cash payment is an increase of 1 percent over the dividend paid out in the same quarter last year.

"Diebold understands that one of its most important assets is the streak of consecutive years of raising its dividend," says Gil Luria, managing director, equity research at Wedbush Securities. "In fact, I believe Diebold has the longest active streak of any U.S. publicly traded company. The 4% dividend yield is very important for investors and so the extension of the streak is important as well."

In January Diebold's president and chief executive, Thomas W. Swidarski, resigned amid pressure from the board of directors.

JOIN THE DISCUSSION

SEE MORE IN

Five Mobile App Features that Show Yes, Banks Can Innovate

Fintech startups claim to out-innovate banks. But financial institutions sometimes break new ground. Here are five examples of banks that are testing and launching mobile app features capable of much more than showing an account balance.

Image: iStock

Comments (0)

Be the first to comment on this post using the section below.

Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.