Motorola Solutions, Inc. ( NYSE:MSI – Get Rating ) declared a quarterly dividend on Friday, February 24th, Zacks reports. Shareholders of record on Wednesday, March 15th will be given a dividend of 0.88 per share by the communications equipment provider on Friday, April 14th. This represents a $3.52 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Tuesday, March 14th. Motorola Solutions has increased its dividend payment by an average of 11.4% per year over the last three years and has raised its dividend every year for the last 11 years.

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