this just in:
Warner-Lambert Increases Quarterly Dividend by 25%
Business Wire - January 26, 1999 13:12
MORRIS PLAINS, N.J.--(BUSINESS WIRE)--January 26, 1999-- Warner-Lambert Company's Board of Directors today voted to increase the regular quarterly dividend rate by 25 percent, from 16 cents to 20 cents a share of common stock. Annualized, the new dividend is 80 cents. The increased first quarter dividend will be paid on March 10, 1999, to stockholders of record February 5, 1999.
Warner-Lambert has increased its dividends paid every year since its stock was listed on the New York Stock Exchange in 1951. Additionally, Warner-Lambert has paid a dividend every year since 1926, ranking it among Standard & Poor's select list of companies with an unbroken record of dividends paid for at least 50 years.
Warner-Lambert is a worldwide company devoted to discovering, developing, manufacturing, and marketing quality pharmaceutical, consumer health care, and confectionery products. It employs more than 40,000 people worldwide.
CONTACT: Media Contact: Investor Contact:
Jason Ford (973) 540-4268 Jack Howarth (973) 540-4874
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