Merck Announces Increased Fourth-Quarter Dividend and $10 Billion Share Repurchase Authorization
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Merck (MRK) Raises Quarterly Dividend 14.6% to $0.55; Approves $10B Buyback with $5B in ASR
October 25, 2018 6:49 AM EDTMerck (NYSE: MRK) declared a quarterly dividend of $0.55 per share, or $2.2 annualized. This is a 14.6% increase from the prior dividend of $0.48.
The dividend will be payable on January 8, 2019, to stockholders of record on December 17, 2018, with an ex-dividend date of December 14, 2018.
The... More
Merck (MRK) Tops Q3 EPS by 7c, Raises Dividend and Increases Buyback by $10 Billion
October 25, 2018 6:46 AM EDTMerck (NYSE: MRK) reported Q3 EPS of $1.19, $0.07 better than the analyst estimate of $1.12. Revenue for the quarter came in at $10.8 billion versus the consensus estimate of $10.88 billion.
GUIDANCE:
Merck sees FY2018 EPS of $4.30-$4.36, versus the consensus of $4.29. Revenue is expected to... More
