Bard Increases Dividend 5%

Medical device maker has raised payout every year since 2005.

By Rich Duprey – Jun 13, 2013 at 7:14PM EST

Medical device maker C.R. Bard (BCR +0.00%) announced yesterday its third-quarter dividend of $0.21 per share, an increase of 5% over the $0.20 per share payout it made last quarter.

The board of directors said the quarterly dividend is payable on Aug. 2 to the holders of record at the close of business on July 22. The medical device maker has made quarterly payouts to investors since 2000, and has increased the dividend every year since 2005.

The regular dividend payment equates to a $0.84-per-share annual dividend, yielding 0.8% based on the closing price of C.R. Bard's stock on June 12.

BCR Dividend data by YCharts

Editor's note: A previous version of this story listed an incorrect dividend yield. The Fool regrets the error.link

link

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.

TMFCop

Bard Increases Dividend 5%

Read Next

About the Author

Stocks Mentioned

Premium Investing Services