Aetna, Inc. (AET) Declares $0.15 Quarterly Dividend; 1.6% Yield; Authorizes Additional $750M Buyback
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Aetna, Inc. (NYSE: AET) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on October 28, 2011, to stockholders of record on October 13, 2011, with an ex-dividend date of October 11, 2011.
The annual yield on the dividend is 1.6 percent.
Authorization for the company to repurchase up to an additional $750 million of its common stock from time to time. This authorization is in addition to the approximately $310 million of repurchase authority available under Aetna’s prior authorization. The company intends to continue buying shares in the open market from time to time. At June 30, 2011, Aetna had approximately 372.9 million shares outstanding.
The dividend will be payable on October 28, 2011, to stockholders of record on October 13, 2011, with an ex-dividend date of October 11, 2011.
The annual yield on the dividend is 1.6 percent.
Authorization for the company to repurchase up to an additional $750 million of its common stock from time to time. This authorization is in addition to the approximately $310 million of repurchase authority available under Aetna’s prior authorization. The company intends to continue buying shares in the open market from time to time. At June 30, 2011, Aetna had approximately 372.9 million shares outstanding.
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