Perrigo Goes With $0.09 Quarterly Dividend

The company matches its previous distribution

By Rich Duprey – May 3, 2013 at 5:43PM EST

Investors going with health-care products maker Perrigo (PRGO +0.68%) will receive a quarterly cash dividend of $0.09 per share on June 18 to shareholders of record at the close of business on May 31 for the fiscal third quarter of 2013.

That rate is the same it's paid in the current fiscal year, prior to which it had been paying $0.08 per share, or 12.5% less. Perrigo has raised its dividend each year for the past decade.

The new dividend annualizes to $0.36 per share, and yields 0.3% at the closing price of Perrigo's stock on May 2.

PRGO Dividend data by YCharts

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Does an article needs a correction? Reach Rich here.

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Perrigo Goes With $0.09 Quarterly Dividend

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