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Article: AmerisourceBergen Ups Dividend By 33%, Authorizes $500 Buyback.
- Article from:
- Investrend
- Article date:
- November 13, 2009
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Nov 13, 2009 (FinancialWire via COMTEX) -- (Comment on this article at http://www.financialwire.net/2009/11/13/amerisourcebergen-ups-dividend-by-33-authorizes-500-buyback/)
November 13, 2009 (FinancialWire) -- AmerisourceBergen Corp.'s (NYSE: ABC) board has increased the company's quarterly dividend rate 33 percent to $0.08 per common share from $0.06 per common share. The board also authorized a new $500 million share repurchase program.
The quarterly dividend of $0.08 per common share will be payable December 7, 2009, to stockholders of record at the close of business on November 23, 2009.
AmerisourceBergen said it will use the new program to ...