lookie here - won't even pay for my Big Gulp.
The cash dividend of $0.195 per common share represents a 2.6% increase over the Company's previous quarterly dividend. President and CEO Michael S. Zahn stated, "The Company continues to perform at a very high level as evidenced by $2.22 earnings per common share over the past four quarters. The Board of Directors feels a strong cash dividend coupled with our share repurchase program provides good value to our shareholders." The dividend will be payable on November 26, 2013 to shareholders of record on November 12, 2013. This makes an annualized dividend yield of 3.7% based on a closing price of $21.05 per common share, which was the last reported trade on October 29, 2013.