The Board of Directors of The McGraw-Hill Companies MHP today approved the 38th consecutive annual increase in the regular quarterly cash dividend on the Corporation's common stock.
The quarterly dividend will increase 6.4 percent from $0.235 to $0.250 per share. The dividend will be payable on March 10, 2011, to shareholders of record on February 24, 2011. The new annualized dividend rate of $1.00 per share represents an average compound annual dividend growth rate of 9.8% since 1974.
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