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OptionsXpress Hikes Dividend 28 Percent



By AP
05 March 2008 @ 09:06 am EST

CHICAGO - OptionsXpress Holdings Inc. hiked its dividend 28 percent for the first quarter, the options broker said Wednesday.

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OXPS 25.26 0.93

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OptionsXpress declared a dividend of 8 cents for the first quarter, compared with 6.25 cents in the fourth quarter. The dividend is payable March 28 to shareholders on March 20.

The new dividend implies an annual yield of 1.36 percent, compared with a 1.07 percent yield with the previous dividend.

Copyright 2008 The Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

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