NEW YORK, Aug. 2, 2012 /PRNewswire/ -- The Board of Directors of The McGraw-Hill Companies (NYSE: MHP) has approved a regular quarterly cash dividend on the Corporation's common stock. The dividend of $0.255 is payable on September 12, 2012, to shareholders of record on August 28, 2012.
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 39 years. The annualized rate of $1.02 per share represents an average compound annual dividend growth rate of 9.6% since 1974.
About The McGraw-Hill Companies: McGraw-Hill announced on September 12, 2011, its intention to separate into two companies: McGraw-Hill Financial, a leading provider of content and analytics to global financial markets, and McGraw-Hill Education, a leading education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts energy information services and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://www.mcgraw-hill.com/.
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