Becton Dickinson increases dividend for 44th consecutive year

Dividend Aristocrat Becton Dickinson (BDX) will raise it's dividend by 10%.

The medical technology company will increase its quarterly dividend to $0.66 per share, marking 44 years of higher dividend payments.

"Fiscal 2015 was a significant year for BD with the successful completion of the largest acquisition in the Company's history. We are very proud of our strong fiscal 2015 results, and we have entered fiscal 2016 with continued confidence in our ability to execute our strategy," said Vincent A. Forlenza, Chairman, CEO and President. "This is the forty-fourth consecutive fiscal year in which we have raised our dividend. 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."

Based on Monday's closing price of $150.92 per share Becton Dickinson has an indicated dividend yield of 1.7%.

Source: Becton Dickinson

Popular posts from this blog