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ZTS Positive Sentiment Score: 85/100

Investor Contacts Jennifer Albano Steve Frank 1-973-945-4333 (o) 1-973-822-7141 (o) jennifer.albano zoetis.com steve.frank zoetis.com Laura Panza Nick Soonthornchai 1-973-975-5176 (o) 1-973-443-2792 (o) la

Key Takeaway: Zoetis Inc. has announced a 16% increase in its quarterly dividend for the first quarter of 2025, raising it to $0.500 per share. The dividend will be paid on March 4, 2025, to shareholders of record as of January 21, 2025. This decision reflects the company's strong performance and commitment to returning excess capital to its shareholders. Zoetis, a leader in animal health, continues to innovate in the field and serves a global market.

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POSITIVE FACTORS

  • Zoetis declared a 16% increase in dividends for 2025.
  • The company reported strong performance driven by its diverse portfolio.
  • Zoetis is committed to returning excess capital to shareholders.

Full Press Release Details

Media Contacts Investor Contacts
Jennifer Albano Steve Frank
1-973-945-4333 (o) 1-973-822-7141 (o)
jennifer.albano zoetis.com steve.frank zoetis.com
Laura Panza Nick Soonthornchai
1-973-975-5176 (o) 1-973-443-2792 (o)
laura.panza zoetis.com nick.soonthornchai zoetis.com
Zoetis Declares First Quarter 2025 Dividend Board Approves 16% Payment Increase
PARSIPPANY, N.J. - December 12, 2024 -The Board of Directors of Zoetis Inc. (NYSE ZTS) has declared a dividend of $0.500 per share for the first quarter of 2025, an increase of 16% from the quarterly dividend rate paid in 2024. The dividend will be paid on Tuesday, March 4, 2025, to all holders of record of the Company's common stock as of the close of business on Tuesday, January 21, 2025.
"Zoetis' performance has been strong this year, driven by our diverse, science-driven portfolio and our differentiated execution," said Wetteny Joseph, Executive Vice President and Chief Financial Officer at Zoetis. "I am pleased to announce that we are increasing our dividend in 2025, consistent with our commitment to returning excess capital to shareholders."
As the world's leading animal health company, Zoetis is driven by a singular purpose to nurture our world and humankind by advancing care for animals. After innovating ways to predict, prevent, detect, and treat animal illness for more than 70 years, Zoetis continues to stand by those raising and caring for animals worldwide -- from veterinarians and pet owners to livestock farmers and ranchers. The company's leading portfolio and pipeline of medicines, vaccines, diagnostics and technologies make a difference in over 100 countries. A Fortune 500 company, Zoetis generated revenue of $8.5 billion in 2023 with approximately 14,100 employees. For more information, visit www.zoetis.com.
Forward-Looking Statements This press release contains forward-looking statements, which reflect the current views of Zoetis with respect to business plans or prospects, future operating or financial performance, future use of cash and dividend payments, and other future events. These statements are not guarantees of future performance or actions. Forward-looking statements are subject to risks and uncertainties. If one or more of these risks or uncertainties materialize, or if management's underlying assumptions prove to be incorrect, actual results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. Zoetis expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be found in our most recent Annual Report on Form 10-K, including in the sections thereof captioned "Forward-Looking Statements and Factors That May Affect Future Results" and "Item 1A. Risk Factors," in our Quarterly Reports on Form 10-Q and in our Current Reports on Form 8-K. These filings and subsequent filings are available online at www.sec.gov, www.zoetis.com, or on request from Zoetis.

Frequently Asked Questions

What is the Q1 2025 dividend declared by Zoetis?

Zoetis declared a dividend of $0.500 per share for Q1 2025.

When will the 2025 dividend be paid?

The dividend will be paid on March 4, 2025.

What was the dividend increase percentage in 2025?

The dividend increased by 16% compared to 2024.

Who is the CFO of Zoetis?

Wetteny Joseph is the Executive Vice President and CFO of Zoetis.

How much revenue did Zoetis generate in 2023?

Zoetis generated $8.5 billion in revenue in 2023.

Last updated: Dec 12, 2024