Business Excellence Awards
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By Alex Kowalski
PBN Staff Writer
PROVIDENCE – Some of Rhode Island’s largest companies announced second quarter 2013 dividends this Wednesday, which will be paid to shareholders in the coming months.
Holders of common stock in Amgen Inc. will see a 47 cents per share dividend on June 7, the company announced. The pharmaceutical manufacturer, based out of Thousand Oaks, Calif., runs a production facility out of West Greenwich.
Woonsocket-based CVS Caremark Corp. announced that it would pay out 22.5 cents per share on May 3. The company reported a record profit of $2.3 billion in 2012, a year-over-year increase of 17.7 percent.
The board of directors of United Insurance Holdings Corp., a property and casualty insurance holding company, declared a 3 cent dividend payable to holders of common stock on March 27. In 2012, the company saw a 36 percent year-over-year increase in total revenue from 2011.
West Warwick-based Astro-Med Inc. announced a second quarter cash dividend of 7 cents per share, payable on April 1. Astro-Med, a manufacturer of high-tech medical measurement and test equipment, will also report its fourth quarter and Jan. 31, 2013 fiscal year financial results on March 19 at 4 p.m.