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BD Board Increases Dividend for 52nd Consecutive Year The Board of Directors of BD (Becton, Dickinson and Company) (NYSE: BDX) has declared a quarterly dividend of $0.95 per common share, an increase of...

Key Takeaway: Becton, Dickinson and Company (BDX) has declared a quarterly dividend of $0.95 per share, marking a 4.4% increase from the previous quarter. This increase represents the 52nd consecutive year of dividend raises, affirming BD's status as a member of the S&P 500 Dividend Aristocrats Index. The decision reflects the company's confidence in its long-term growth strategy and commitment to shareholder value. The dividend is set to be paid on December 29, 2023, to shareholders on record as of December 8, 2023.

Market Sentiment Analysis

POSITIVE FACTORS

  • BD has increased its dividend for the 52nd consecutive year, showcasing a strong track record.
  • The 4.4% increase in the quarterly dividend reflects confidence in the company's long-term outlook.
  • Being part of the S&P 500 Dividend Aristocrats Index highlights BD's commitment to returning capital to shareholders.

Full Press Release Details

FRANKLIN LAKES, N.J. , Nov. 9, 2023 /PRNewswire/ -- The Board of Directors of BD (Becton, Dickinson and Company) (NYSE: BDX ) has declared a quarterly dividend of $0.95 per common share, an increase of 4.4% from the previous quarter. The dividend will be payable on December 29, 2023 to holders of record on December 8, 2023 . The indicated annual dividend rate for fiscal year 2024 is $3.80 per share.
"This is the 52nd consecutive fiscal year in which we have raised our dividend, maintaining BD's membership in the S&P 500 Dividend Aristocrats Index, which tracks companies that have increased dividends for at least 25 consecutive years," said Tom Polen , chairman, CEO and president of BD. "This increase reflects our confidence in our long-term outlook, as well as our ongoing commitment to create value through execution of our BD 2025 strategy and return capital to shareholders."
About BD BD is one of the largest global medical technology companies in the world and is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. The company supports the heroes on the frontlines of health care by developing innovative technology, services and solutions that help advance both clinical therapy for patients and clinical process for health care providers. BD and its more than 70,000 employees have a passion and commitment to help enhance the safety and efficiency of clinicians' care delivery process, enable laboratory scientists to accurately detect disease and advance researchers' capabilities to develop the next generation of diagnostics and therapeutics. BD has a presence in virtually every country and partners with organizations around the world to address some of the most challenging global health issues. By working in close collaboration with customers, BD can help enhance outcomes, lower costs, increase efficiencies, improve safety and expand access to health care. For more information on BD, please visit bd.com or connect with us on LinkedIn at www.linkedin.com/company/bd1/ and Twitter @BDandCo .
Contacts:
Media : Investors :
Troy Kirkpatrick Greg Rodetis
VP, Public Relations SVP, Head of Investor Relations
858.617.2361 201.847.6875
[email protected] [email protected]
SOURCE BD (Becton, Dickinson and Company)

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Frequently Asked Questions

What is the recent dividend declared by BD?

BD declared a quarterly dividend of $0.95 per common share.

When will the dividend be payable?

The dividend will be payable on December 29, 2023.

How many years has BD raised its dividend consecutively?

BD has raised its dividend for 52 consecutive fiscal years.

What is the annual dividend rate for fiscal year 2024?

The annual dividend rate for fiscal year 2024 is $3.80 per share.

What is BD's commitment to its shareholders?

BD aims to create value through its BD 2025 strategy and return capital to shareholders.

Last updated: Nov 9, 2023