Baxalta Incorporated (BXLT) Declares Inaugural $0.07 Quarterly Dividend; 0.9% Yield

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Go back to Baxalta Incorporated (BXLT) Declares Inaugural $0.07 Quarterly Dividend; 0.9% Yield

Baxalta Board of Directors Declares Inaugural Dividend; Approves $1 Billion Share Repurchase Authorization

July 28, 2015 4:06 PM EDT

DEERFIELD, Ill.--(BUSINESS WIRE)-- The Board of Directors of Baxalta Incorporated (NYSE: BXLT) today declared a quarterly cash dividend of $0.07 per share of common stock. The quarterly dividend will be paid on October 1, 2015, to stockholders of record as of the close of business on September 4, 2015.

Baxalta's Board of Directors has also approved a share repurchase authorization which will allow the company to purchase up to $1 billion of its common stock. Shares can be repurchased in the open market at times and amounts determined by the company based on its evaluation of market conditions... More