Merck Increases Quarterly Dividend
November 27, 2012 2:57 pm ET
Merck, known as MSD outside the United States and Canada, today
announced that the Board of Directors has increased the company’s
quarterly dividend to $0.43 per outstanding share of the company’s
common stock, up $0.01 from $0.42 per outstanding share paid last
quarter. Payment will be made on Jan. 8, 2013, to shareholders of record
at the close of business on Dec. 17, 2012.
“This increase in our dividend reflects our optimism about the future of
our business and our commitment to providing value to our shareholders,”
said Kenneth C. Frazier, chairman and chief executive officer of Merck.
Merck last announced a dividend increase in November 2011, when the
Board raised the dividend from $0.38 to $0.42 per common share.
About Merck
Today’s Merck is a global healthcare leader working to help the world be
well. Merck is known as MSD outside the United States and Canada.
Through our prescription medicines, vaccines, biologic therapies, and
consumer care and animal health products, we work with customers and
operate in more than 140 countries to deliver innovative health
solutions. We also demonstrate our commitment to increasing access to
healthcare through far-reaching policies, programs and partnerships. For
more information, visit www.merck.com
and connect with us on Twitter, Facebook and YouTube.
Forward-Looking Statement
This news release includes “forward-looking statements” within the
meaning of the safe harbor provisions of the United States Private
Securities Litigation Reform Act of 1995. Such statements may include,
but are not limited to, statements about the benefits of the merger
between Merck and Schering-Plough, including future financial and
operating results, the combined company’s plans, objectives,
expectations and intentions and other statements that are not historical
facts. Such statements are based upon the current beliefs and
expectations of Merck’s management and are subject to significant risks
and uncertainties. Actual results may differ from those set forth in the
forward-looking statements.
The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: the
possibility that all of the expected synergies from the merger of Merck
and Schering-Plough will not be realized, or will not be realized within
the expected time period; the impact of pharmaceutical industry
regulation and health care legislation in the United States and
internationally; Merck’s ability to accurately predict future market
conditions; dependence on the effectiveness of Merck’s patents and other
protections for innovative products; and the exposure to litigation
and/or regulatory actions.
Merck undertakes no obligation to publicly update any forward-looking
statement, whether as a result of new information, future events or
otherwise. Additional factors that could cause results to differ
materially from those described in the forward-looking statements can be
found in Merck’s 2011 Annual Report on Form 10-K and the company’s other
filings with the Securities and Exchange Commission (SEC) available at
the SEC’s Internet site (www.sec.gov).
Merck
Media:
Ron Rogers, 908-423-6449
or
Investor:
Carol Ferguson, 908-423-4465
or
Justin Holko, 908-423-5088
