Harman raises annual dividend to $1.32 per share

theflyonthewall.com

HARMAN International Industries announced that its board of directors has adopted an annual cash dividend policy pursuant to which the company will increase its annual cash dividend to $1.32 per share, to be paid quarterly at the rate of 33c per share. The higher rate represents a 10% increase over the prior quarterly rate of $0.30 per share. The increased dividend will go into effect for the new fiscal year, which starts July 1 and the first quarterly payment will be in September.

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