News Column

The GEO Group Declares Quarterly Cash Dividend of $0.57 Per Share

March 8, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on February 18, 2014, its Board of Directors declared a quarterly cash dividend of $0.57 per share, which is an increase from GEO's prior quarterly cash dividend of $0.55 per share. The quarterly cash dividend will be paid on March 14, 2014 to shareholders of record as of the close of business on March 3, 2014.

George C. Zoley, Chairman and Chief Executive Officer of GEO, said: "We are very pleased to have increased our quarterly cash dividend to $0.57 per share, or $2.28 per share annually, which was driven by the continued growth in our Adjusted Funds From Operations and is indicative of our company's commitment to return value to our shareholders."

Keywords for this news article include: The GEO Group Inc, Investment and Finance.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Investment Weekly News


Story Tools