Becton Dickinson (BDX) Raises Quarterly Dividend 5.1% to $0.83; 1.4% Yield

Becton Dickinson (NYSE: BDX) declared a quarterly dividend of $0.83 per share, or $3.32 annualized. This is a 5.1% increase from the prior dividend of $0.79.

The dividend will be payable on December 31, 2020, to stockholders of record on December 10, 2020, with an ex-dividend date of December 9, 2020.

The annual yield on the dividend is 1.4 percent.

"This is the 49th 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 return capital to our shareholders and create value for all stakeholders," said Tom Polen, CEO and president of BD. "COVID-19 has a significant impact on health care utilization globally. However, our strong execution enabled us to respond swiftly to the pandemic and close the year delivering revenue growth in fiscal Q4, offsetting continued COVID-19 headwinds with the launch of multiple innovative COVID-19 diagnostic solutions while at the same time advancing our long-term growth strategy. We remain focused on partnering with governments, health care systems, and health care professionals to navigate the COVID-19 pandemic—including providing access to our SARS-CoV-2 diagnostics tests and injection devices for future global vaccinations campaigns—as well as supplying products and solutions for ongoing care for patients around the world. We are steadfast in our commitments, including completing our Alaris 510(k) submission, investing in growth initiatives, simplifying our processes, and empowering our organization."

For a dividend history and other dividend-related data on Becton Dickinson (BDX) click here.

You May Also Be Interested In

• Atmus Filtration Technologies (ATMU) Raises Quarterly Dividend 9.1% to $0.06; 0.5% Yield
• Pegasystems (PEGA) Declares $0.083 Special Dividend; 0.2% Yield
• Becton Dickinson (BDX) PT Raised to $190 at RBC Capital