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Article: BD Board Declares Dividend Increase and Authorizes Additional Share Repurchases.
- Article from:
- PR Newswire
- Article date:
- November 23, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Board of Directors of BD (Becton, Dickinson and Company) has declared a quarterly dividend of 18 cents per common share, an increase of 3 cents per share or 20% from the previous quarter. The dividend will be payable on January 3, 2005 to holders of record on December 13, 2004. At the current rate, the annual dividend would be 72 cents per share, a rise of 20% from a year ago.
The Board has also authorized BD to repurchase up to 10 million of its common shares. BD plans to use the shares for general corporate purposes. This authorization is in addition to the approximately 4.1 million shares that remained available at September 30, 2004 under a 10 ...