Tyco (TYC) Plans 7% Dividend Increase to 64c

The Board of Directors of Tyco (NYSE: TYC) has recommended that shareholders approve an annual dividend of $0.64 per share at the company's annual general meeting of shareholders to be held on March 6, 2013. The proposed $0.64 annual dividend represents an approximate 7 percent increase over the post-separation annualized dividend of $0.60 approved by shareholders at the special general meeting in September 2012.

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