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BD Board Increases Dividend for 53rd Consecutive Year The Board of Directors of BD (Becton, Dickinson and Company) (NYSE: BDX) has declared a quarterly dividend of $1.04 per common share, an increase of...

Key Takeaway: Becton, Dickinson and Company (BD) has declared a quarterly dividend of $1.04 per common share, marking a 9.5% increase from the previous quarter. This is the company's 53rd consecutive year of dividend increases, affirming its position in the S&P 500 Dividend Aristocrats Index. The new annual dividend rate for fiscal year 2025 is set at $4.16 per share. CEO Tom Polen stated that this increase reflects BD's confidence in its long-term outlook and commitment to value creation and shareholder returns.

Market Sentiment Analysis

POSITIVE FACTORS

  • BD has increased its dividend for the 53rd consecutive year.
  • The quarterly dividend has been raised by 9.5%, indicating strong financial health.
  • BD remains a member of the S&P 500 Dividend Aristocrats Index, reflecting stability.
  • The increase signifies confidence in the long-term outlook of the company.

Full Press Release Details

FRANKLIN LAKES, N.J. , Nov. 7, 2024 /PRNewswire/ -- The Board of Directors of BD (Becton, Dickinson and Company) (NYSE: BDX ) has declared a quarterly dividend of $1.04 per common share, an increase of 9.5% from the previous quarter. The dividend will be payable on December 31, 2024 to holders of record on December 9, 2024 . The indicated annual dividend rate for fiscal year 2025 is $4.16 per share.
"This is the 53 rd 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/ , X (formerly Twitter) @BDandCo or Instagram @becton_dickinson .
Contacts:
Media : Investors :
Troy Kirkpatrick Adam Reiffe
VP, Public Relations Sr. Director, Investor Relations
858.617.2361 201.847.6927
[email protected] [email protected]
SOURCE BD (Becton, Dickinson and Company)

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Frequently Asked Questions

What is the new quarterly dividend declared by BD?

BD has declared a quarterly dividend of $1.04 per common share.

When will the BD dividend be paid?

The dividend will be payable on December 31, 2024.

How long has BD been increasing its dividend?

BD has raised its dividend for 53 consecutive fiscal years.

What is BD's annual dividend rate for fiscal year 2025?

The annual dividend rate for FY 2025 is $4.16 per share.

What does BD focus on in healthcare?

BD focuses on improving medical discovery, diagnostics, and care delivery.

Last updated: Nov 7, 2024