Cash Dividend: The McGraw-Hill Companies, Inc. (MHP) (NYSE: MHP) Dividend
The Board of Directors of The McGraw-Hill Companies (NYSE: MHP) approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.225 is payable on December 10, 2009, to shareholders of record on November 25, 2009.
The McGraw-Hill Companies has paid a dividend each year since 1937 and is one of fewer than 30 companies in the S&P 500 that has increased its dividend annually for the last 36 years. The annualized rate of $0.90 per share, which includes a 2.3% increase approved by the Board in January of 2009, represents an average compound annual dividend growth rate of 10.1% since 1974.
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands such as Standard & Poor's, McGraw-Hill Education, Platts, Capital IQ, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at www.mcgraw-hill.com.
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