Becton Dickinson Boosts Quarterly Dividend

(RTTNews) - Becton, Dickinson and Co. (BDX) said Tuesday that its Board of Directors has declared a quarterly dividend of $0.545 per common share, an increase of $0.05 per share, or about 10%, from the previous quarter.

The dividend will be payable on December 31 to holders of record on December 10.

At the current rate, the annual dividend for fiscal year 2014 would be $2.18 per share.

Vincent Forlenza, BD Chairman, CEO and President, said, "This is the forty-second consecutive fiscal year in which we have raised our dividend. This increase reflects our confidence in our long-term outlook, as well as our ongoing commitment of returning value to our shareholders."