NEW YORK, July 29, 2011 /PRNewswire-FirstCall/ -- The Board of Directors of The McGraw-Hill Companies (NYSE: MHP) today approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.250 is payable on September 12, 2011, to shareholders of record on August 26, 2011.
The McGraw-Hill Companies 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 38 years. The annualized rate of $1.00 per share, which includes a 6.4% increase approved by the Board in January of 2011, represents an average compound annual dividend growth rate of 9.8% since 1974.
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a leading global financial information and education company that helps professionals and students succeed in the Knowledge Economy. With leading brands including Standard & Poor's, McGraw-Hill Education, Platts energy information services and J.D. Power and Associates, the Corporation has approximately 21,000 employees with more than 280 offices in 40 countries. Sales in 2010 were $6.2 billion. Additional information is available at http://www.mcgraw-hill.com.
Investor Relations: http://www.mcgraw-hill.com/investor_relations
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Release issued: July 29, 2011
Contacts for The McGraw-Hill Companies: |
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Media Relations Contact: | Investor Relations Contact: | |
Jason Feuchtwanger | Donald S. Rubin | |
Director, Corporate Media Relations | Senior Vice President, Investor Relations | |
(212) 512-3151 (office) | (212) 512-4321 (office) | |
(347) 419-4169 (mobile) | (212) 512-3840 (fax) | |
jason_feuchtwanger@mcgraw-hill.com | donald_rubin@mcgraw-hill.com | |
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SOURCE The McGraw-Hill Companies