Becton, Dickinson Raises Dividend

For the 48th year a row, Becton, Dickinson (BDX) has raised its dividend. The quarterly payout increases from 77 cents to 79 cents per share. The dividend will be payable on December 31 to holders of record on December 10.

“Our performance in fiscal year 2019 demonstrates our ability to overcome multiple headwinds and deliver on our financial and operational goals. There are significant opportunities ahead to leverage the capabilities we’ve built to better serve our customers and their patients around the world as BD enters its next phase of value creation,” said Vincent A. Forlenza, Chairman and CEO. “Once again, we have raised our dividend for the 48th consecutive year. This increase reflects our confidence in our long-term outlook, as well as our ongoing commitment to create value and return capital to our shareholders.”

Going by Monday’s close, the new dividend gives BDX a yield of 1.24%.

Posted by on November 25th, 2019 at 4:52 pm


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