NEW YORK, April 27, 2016 /PRNewswire/ -- 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 $0.36 is payable on June 10, 2016, to shareholders of record on May 26, 2016. The annualized dividend rate is $1.44 per share.
The Company 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 at least the last 43 years.
Later today, subject to shareholder approval at its Annual Meeting, McGraw Hill Financial will be renamed S&P Global.
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 Global Market Intelligence, S&P Dow Jones Indices, Platts, CRISIL, and J.D. Power. The Company has approximately 20,000 employees in 31 countries. Additional information is available at www.mhfi.com.
Investor Relations: http://investor.mhfi.com
Media Relations Contact:
Director, Corporate Media Relations
(212) 438-1247 (office)
(347) 419-4169 (cell)
Investor Relations Contact:
Vice President, Investor Relations
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SOURCE McGraw Hill Financial