Merck (MRK) Raises Quarterly Dividend 2.2% to $0.47; 3.1% Yield

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Merck Announces Increased Quarterly Dividend

November 22, 2016 1:22 PM EST

KENILWORTH, N.J.--(BUSINESS WIRE)-- Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that the Board of Directors has increased the companys quarterly dividend to $0.47 per outstanding share of the companys common stock, up $0.01 from $0.46 per outstanding share paid last quarter. Payment will be made on Jan. 9, 2017, to stockholders of record at the close of business on Dec. 15, 2016.

We are making strides toward our overarching goal of bringing forward medicines and vaccines that create value for society and shareholders alike, said Kenneth C. Frazier, chairman and chief... More