Zoetis Board Approves Payment Increase20 December 2013
US - The Board of Directors of Zoetis Inc. has declared a first quarter dividend payable to holders of the company’s common stock of $0.072 per share, an increase of 11 per cent from the quarterly dividend rate paid in 2013.
The dividend is to be paid on 4 March 2014 to holders of record on 30 January 2014.
"Since our IPO in February, we have been able to demonstrate the strength of our business model as an independent company and our commitment to generating long-term value for shareholders," said Zoetis Chief Executive Officer Juan Ramón Alaix.
"With the Board’s approval, we are increasing our dividend as we head into 2014 and continuing our commitment to effective and efficient use of our cash."
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