Merck (MRK) Raises Quarterly Dividend 14.6% to $0.55; Approves $10B Buyback with $5B in ASR
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Merck Announces Increased Fourth-Quarter Dividend and $10 Billion Share Repurchase Authorization
October 25, 2018 6:46 AM EDTIncreases Quarterly Dividend 15% to $0.55 per Outstanding Share
Enters Into a $5 Billion Accelerated Share Repurchase Program Under Expanded Authorization
KENILWORTH, N.J.--(BUSINESS WIRE)-- Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced that its Board of Directors has approved a 15 percent increase to the companys quarterly dividend, raising it to $0.55 per share from $0.48 per share of the companys outstanding common stock. Payment will be made on Jan. 8, 2019, to shareholders of record at the close of business on Dec. 17,... More
