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SOURCE McGraw Hill Financial
NEW YORK, Oct. 24, 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 December 11, 2013, to shareholders of record on November 26, 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.