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Biotech / Medical : Merck
MRK 106.66-0.1%Dec 29 3:59 PM EST

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To: John Carragher who wrote (973)7/28/1998 4:01:00 PM
From: Nick  Read Replies (1) of 1580
 
Merck raises qtly div to $0.54 from $0.45
WHITEHOUSE STATION, N.J., July 28 (Reuters) - Pharmaceutical giant Merck & Co. Inc. said Tuesday its board of directors boosted its quarterly dividend to $0.54 per share from $0.45 per share.
The dividend is payable on Oct. 1, to shareholders of record on Sept. 4.

The company's total dividends paid during 1998 will be $1.89 per share -- a 12 percent increase over the amount paid in 1997.

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