Wyeth announces latest financial data

Wyeth has announced the company’s common and preferred stock data.

The organisation said following a meeting of its board of directors, the business’s dividend of $0.30 (0.22 pounds) on outstanding common shares to stockholders was payable on March 2nd.

Wyeth went on to note a payout of $0.50 per share on the outstanding stocks was owed on April 1st, at the close of business on March 13th.

In November, the company declared a dividend of $0.50 per share on the outstanding shares of preferred stock.

Two months ago, Wyeth announced its third-quarter and first nine months’ financial data.

Results revealed its dividend to stockholders rose by 7.1 per cent, while Enbrel recorded a 32 per cent growth, nutritionals saw an 18 per cent rise.

Worldwide net revenue also increased by four per cent for the third-quarter and five per cent over the first nine months of the year.