Merck & Co., Inc. (MRK) Raises Quarterly Dividend 2.4% to $0.43; 3.9% Yield

November 27, 2012 3:00 PM EST
Merck & Co., Inc. (NYSE: MRK) declared a quarterly dividend of $0.43 per share, or $1.72 annualized. This is a 2.4% increase from the prior dividend of $0.42.

The dividend will be payable on January 8, 2012, to stockholders of record on December 17, 2012, with an ex-dividend date of December 13, 2012.

The annual yield on the dividend is 3.9 percent.

"This increase in our dividend reflects our optimism about the future of our business and our commitment to providing value to our shareholders," said Kenneth C. Frazier, chairman and chief executive officer of Merck.

For a dividend history and other dividend-related data on Merck & Co., Inc. (MRK) click here.

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