NEW YORK, Oct. 29 /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 $0.235 is payable on December 10, 2010, to shareholders of record on November 26, 2010.
The McGraw-Hill Companies has paid a dividend each year since 1937 and is one of fewer than 30 companies in the S&P 500 that has increased its dividend annually for the last 37 years. The annualized rate of $0.94 per share, which includes a 4.4% increase approved by the Board in January of 2010, represents an average compound annual dividend growth rate of 9.9% since 1974.
About The McGraw-Hill Companies:
Founded in 1888, The McGraw-Hill Companies is a global information and education company providing knowledge, insights and analysis in the financial, education and business information sectors through leading brands including Standard & Poor's, McGraw-Hill Education, Platts, and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2009 were $5.95 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: October 29, 2010
Contacts for The McGraw-Hill Companies:
Media Relations Contact:
Director, Corporate Media Relations
(212) 512-3151 (office)
(347) 419-4169 (mobile)
Investor Relations Contact:
Donald S. Rubin
Senior Vice President, Investor Relations
(212) 512-4321 (office)
(212) 512-3840 (fax)
SOURCE The McGraw-Hill Companies