PriceSmart Raises Dividend by 20%

PriceSmart, Inc. (PSMT) declared semiannual dividends of $0.30 per share for 2011 today, a 20% increase over the $0.25 per share the company has been paying for the last two years. Shares of PSMT opened at $39.24 today, where they now carry a 1.53% dividend yield. The operator of international membership shopping warehouse clubs has [...]