Beam Inc will give shareholders their regular dividend

Beam Inc will give shareholders their regular dividend

Beam Inc has confirmed details of its latest dividend payment.

The US-based company said late yesterday (25 April) that it will pay US$0.255 per share on its common stock. Payment will be made on 1 June, to shareholders of record as of 9 May.

The company also declared a regular dividend of $0.6675 per share on its $2.67 convertible preferred stock, payable on 10 June. The dividend is also for stockholders of record as of 9 May.

Beam is set to release its Q1 results on 3 May.

In March, Beam reaffirmed its profits guidance for 2012 on the back of strong Bourbon sales and market share gains.