The Board of Directors of Becton, Dickinson and Company (BD) has declared a quarterly dividend of $0.73 cents per common share, an increase of 10.6 percent from the previous quarter.
The dividend will be payable on December 30, 2016 to holders of record on December 9, 2016. The indicated annual dividend rate for fiscal year 2017 is $2.92 per share.
“We are extremely proud of our accomplishments during our first fiscal year as the ‘new’ BD. We look forward to fiscal 2017 with confidence as we continue to focus on improving outcomes, expanding access to care, lowering costs and optimizing safety, which will ultimately enrich our purpose of advancing the world of health,” said Vincent A. Forlenza, Chairman, CEO and President.
“This is the forty-fifth 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.”