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Paragon Shipping sets 5-cent quarterly dividend
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NEW YORK - Greek drybulk carrier Paragon Shipping Inc. said Tuesday the company would pay a quarterly dividend of 5 cents per share, unchanged from the second quarter.
The dividend will be paid Dec. 14 to shareholders of record on Dec. 1, the company said.
The shares rose 7 cents to close regular trading at $4.46.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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