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Strategies & Market Trends : Dividend investing for retirement

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To: Triffin who wrote (11263)2/27/2013 4:16:32 PM
From: Triffin  Read Replies (1) of 34328
 
MJN boosts dividend payout by 13.3%

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GLENVIEW, Ill.--(BUSINESS WIRE)--

Mead Johnson Nutrition Company ( MJN) announced today that its board of directors has declared a regular quarterly dividend of $0.34 per share for the quarter ending March 31, 2013, a 13.3 percent increase from the prior rate of $0.30 per share. The board expects the annualized dividend to be $1.36 per share.

The dividend will be paid on April 1, 2013, to shareholders of record at close of business on March 13, 2013.

About Mead Johnson

Mead Johnson, a global leader in pediatric nutrition, develops, manufactures, markets and distributes more than 70 products in over 50 markets worldwide. The company’s mission is to nourish the world’s children for the best start in life. The Mead Johnson name has been associated with science-based pediatric nutrition products for over 100 years. The company’s “Enfa” family of brands, including Enfamil® infant formula, is the world’s leading brand franchise in pediatric nutrition. For more information, visit meadjohnson.com.

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Triff ..
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