Looks like you’re on the UK site. Choose another location to see content specific to your location

Home Industry News Schering-Plough announces quarterly dividend

Schering-Plough announces quarterly dividend

24th June 2009

Schering-Plough is due to pay a quarterly dividend on August 31st.

The company’s board of directors declared a bonus of 6.5 cents (0.39 pence) would be given out for every common share.

Investors who are on record at the close of business on August 7th will be entitled to the bonus.

There were 1,628,335,093 common shares outstanding as of March 31st.

It was also announced a quarterly dividend of $3.75 per share on the 2007 mandatory convertible preferred stock would be paid on August 17th.

Currently, there are ten million of these units outstanding and holders on record at the close of business on August 3rd will be eligible to the payment.

In April, Schering-Plough released details of its financial performance for the first three months of 2009.

Chairman and chief executive officer Fred Hassan said the firm had managed to overcome difficult currency comparisons and delivered a “solid performance” at the start of the year.

We currently have 5 jobs available in Pharmacy industry, find your perfect one now.

Stay informed

Receive the latest industry news, Tips
and straight to your inbox.