Merck Announces Increases First-Quarter 2024 Dividend From $0.73 To $0.77 Per Share
Portfolio Pulse from Benzinga Newsdesk
Merck (NYSE:MRK) has increased its quarterly dividend from $0.73 to $0.77 per share for Q1 2024. The dividend will be paid on Jan. 8, 2024, to shareholders on record as of Dec. 15, 2023.
November 28, 2023 | 6:21 pm
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Merck has declared an increased quarterly dividend of $0.77 per share for the first quarter of 2024, payable on Jan. 8, 2024.
Dividend increases are typically seen as a positive signal about a company's financial health and future prospects. Investors may view this as a sign of Merck's strong cash flow and commitment to returning value to shareholders, which could lead to a positive short-term impact on the stock price.
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