Aetna (AET) Raises Quarterly Dividend 100% to $0.50; 1.6% Yield; Announces $4B Repurchase Plan

Aetna (NYSE: AET) declared a quarterly dividend of $0.50 per share, or $2 annualized. This is a 100% increase from the prior dividend of $0.25.

The dividend will be payable on April 28, 2017, to stockholders of record on April 13, 2017, with an ex-dividend date of April 11, 2017.

The annual yield on the dividend is 1.6 percent.

The Board also authorized the company to repurchase up to an additional $4 billion of its common stock. This authorization is in addition to the approximately $1.1 billion of repurchase authority remaining under the company’s existing share repurchase programs.

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

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