Merck (MRK) Raises Quarterly Dividend 2.2% to $0.46; 3.5% Yield
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Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 2.6%
EPS Growth %: +46.4%
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Merck (NYSE: MRK) declared a quarterly dividend of $0.46 per share, or $1.84 annualized. This is a 2.2% increase from the prior dividend of $0.45.
The dividend will be payable on January 8, 2016, to stockholders of record on December 15, 2015, with an ex-dividend date of December 11, 2015.
The annual yield on the dividend is 3.5 percent.
“We continue to make scientific progress in some of the world’s most challenging areas of unmet medical need,” said Kenneth C. Frazier, chairman and chief executive officer, Merck. “The increase in our dividend reflects confidence in our future and our ongoing commitment to creating value for shareholders.”
For a dividend history and other dividend-related data on Merck (MRK) click here.
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