Aetna (AET) Raises Quarterly Dividend 11.1% to $0.25; Approves $1B Buyback

Aetna (NYSE: AET) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is an 11.1% increase from the prior dividend of $0.225.

The dividend will be payable on January 30, 2015, to stockholders of record on January 15, 2015, with an ex-dividend date of January 13, 2015.

The annual yield on the dividend is 1.2 percent.

The Board authorized the company to repurchase up to an additional $1 billion of its common stock from time to time. This authorization is in addition to the approximately $464 million of repurchase authority available under Aetna’s prior authorization as of November 20, 2014. The company intends to continue buying shares in the open market from time to time.

For a dividend history and other dividend-related data on Aetna (AET) click here.

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