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The American service provider Core-Mark Holding Company Inc. (ISIN: US2186811046, NASDAQ: CORE) pays a quarterly dividend of 12 US cents per share to its investors, as reported on Thursday. Extrapolated to the full year, this means that US $ 0.48 will be distributed.
At the current market price of 30.25 US dollars (as of August 6, 2020), the current dividend yield is 1.59 percent. The payment will be made on September 18, 2020 (record date: August 21, 2020). In October 2011, the company announced it would pay an initial dividend ($ 0.0425).
Core-Mark is one of the largest service providers for the food industry in North America. The company was founded in 1888 and offers its customers marketing programs and technological solutions for optimal delivery and placement of products on store shelves. In the second quarter of the fiscal year 2020, the group achieved sales of 4.26 billion US dollars (previous year: 4.34 billion US dollars), as was also announced on Thursday.
The share is listed on the NASDAQ technology exchange, where it has been up 11.11 percent since the beginning of 2020. Its current market capitalization is $ 1.4 billion as of August 6, 2020.
Saskia Haaker, editor MyDividends.de