Dentsply raises cash dividend

Dentsply international has announced that its board of directors has raised its cash dividend by 11 per cent.

The company declared a quarterly cash dividend of $0.05 (0.028 pounds) per share of common stock, equal to an indicated annual rate of $0.20 per share.

It said this dividend will be paid to shareholders on January 9th 2009 to individuals who are on record as holding shares in the firm on December 29th 2008.

Bret W Wise, chairman and chief executive officer of the company, said;:”Dentsply continues to perform very well in 2008 with continued strong growth in earnings, despite difficult economic circumstances.”

He added the company is pleased to be in a position to share this success with its shareholders and has increased its dividend accordingly.

This week, from October 2nd-4th, Dentsply is making presentations at the BDTA Dental Showcase taking place at the ExCel Centre in London.