Becton, Dickinson and Company Increases Quarterly Dividend $BDX

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  • Becton, Dickinson (NYSE:BDX) declares $0.77/share quarterly dividend, 2.7% increase from prior dividend of $0.75.
  • Forward yield 1.27%
  • Payable Dec. 31; for shareholders of record Dec. 10; ex-div Dec. 7.




The Board of Directors of BD (Becton, Dickinson and Company) (NYSE: BDX) has declared a quarterly dividend of $0.77 cents per common share, an increase of 2.7 percent from the previous quarter.  The dividend will be payable on December 31, 2018 to holders of record on December 10, 2018.  The indicated annual dividend rate for fiscal year 2019 is $3.08 per share.  In addition, the Board of Directors has declared a quarterly dividend of $15.3125 per share on the 6.125% mandatory convertible preferred stock, Series A, payable on February 1, 2019 to holders of record on January 15, 2019.  This represents $0.7656 per depositary share (NYSE: BDXA).

"Fiscal 2018 was a historic year for BD with the successful completion of the acquisition of C. R. Bard.  We are extremely proud of our strong fiscal 2018 results, which demonstrate how agile we can be as an organization while executing concurrently on two transformative acquisitions.  We enter fiscal 2019 with continued strong momentum and confidence in our ability to execute on our strategy and deliver on our commitments," said Vincent A. Forlenza, Chairman and CEO.  "This is the forty-seventh 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 to create value and return capital to our shareholders."
For more information, visit www.investors.bd.com


According to the list of U.S. Dividend Champions, BD is a Dividend Champions. Becton, Dickinson has a 46-year dividend, raising streak.


Dividend Growth Rates
DGR
DGR
DGR
DGR
1-yr
3-yr
5-yr
10-yr
8.5
9.6
9.8
11.6



Dividend Yield Chart:



Becton, Dickinson and Co stock dividend yield is close to 10-year low.

Payout Ratio:



This is the historical payout ratio of Becton, Dickinson and Co. If payout ratio is close to or higher than 100%, dividends might not be sustainable.

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