Dividends: Blyth To Pay 10 Cents Per Share
September 16, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Blyth, Inc. (NYSE: BTH) has declared a semi-annual cash dividend of $0.10 per share on the company's common stock for the six months ended July 31, 2010. This represents an amount equal to the dividend paid in the comparable prior year period.
The semi-annual dividend, authorized at the September 15, 2010 Board of Directors meeting, will be payable to shareholders of record as of November 1, 2010 and will be paid on November 15, 2010.
On February 16, 2010, the company paid a special dividend of $1.00 per share on its common stock, for a total dividend payment of around $8.8 million. On May 17, 2010, the company paid a semi-annual dividend of $0.10 per share on the Company's common stock, for a total payment of around $0.9 million.
Connecticut-based Blyth markets range of home fragrance products, decorative accessories, seasonal decorations and household convenience items.
The company sells its products through multiple channels of distribution, including the home party plan method of direct selling and one-on-one direct selling, as well as through the wholesale and catalog/Internet channels.
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