PIR Dividend Yield Pushes Above 2%

Looking at the universe of stocks we cover at Dividend Channel, in trading on Thursday, shares of Pier 1 Imports Inc. (NYSE: PIR) were yielding above the 2% mark based on its quarterly dividend (annualized to $0.24), with the stock changing hands as low as $11.91 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased ...