NEW YORK, July 26, 2013 /PRNewswire-FirstCall/ -- The Board of Directors of McGraw Hill Financial (NYSE: MHFI) has approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.28 is payable on September 11, 2013, to shareholders of record on August 27, 2013.
McGraw Hill Financial has paid a dividend each year since 1937 and is one of fewer than 25 companies in the S&P 500 that has increased its dividend annually for the last 40 years. The annualized rate of $1.12 per share represents an average compound annual dividend growth rate of 9.6% since 1974.
About McGraw Hill Financial:
McGraw Hill Financial is a leading financial intelligence company providing the global capital and commodity markets with independent benchmarks, credit ratings, portfolio and enterprise risk solutions, and analytics. The Company's iconic brands include: Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and McGraw Hill Construction. The Company has approximately 17,000 employees in 27 countries. Additional information is available at www.mhfi.com.
Contacts for McGraw Hill Financial:
Media Relations Contact:
Director, Corporate Media Relations
(212) 512-3151 (office)
(347) 419-4169 (mobile)
Investor Relations Contact:
Vice President, Investor Relations
(212) 512-4321 (office)
SOURCE McGraw Hill Financial