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MRK Merck and Co Inc

127.47
-0.79 (-0.62%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Merck and Co Inc NYSE:MRK NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.79 -0.62% 127.47 128.48 127.18 128.11 6,221,929 01:00:00

Merck & Co. Raises Quarterly Dividend by 10.9% to 61 Cents

19/11/2019 6:21pm

Dow Jones News


Merck (NYSE:MRK)
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By Colin Kellaher

 

Merck & Co. (MRK) on Tuesday said its board raised the quarterly dividend by 10.9% to 61 cents from 55 cents.

The new payout, equal to $2.44 a year, represents an annual yield of about 2.9% based on Monday's closing price of $84.13, up from 2.62%.

The Kenilworth, N.J., drug maker said the increased dividend is payable Jan. 8 to shareholders of record Dec. 16.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

November 19, 2019 13:06 ET (18:06 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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