Merck Hikes Quarterly Dividend By A Penny Per Quarter. . . Good News!

The dividend now stands at $0.45 per share. . . nice! That pushes the yield back over three per cent, even after the run-up in stock price. Smart strategy -- at the Merck board level.

Here's the bit:

. . . .Merck announced a quarterly dividend on Tuesday, November 25, 2014. Investors of record on Monday, December 15th will be paid a dividend of 0.45 per share on Thursday, January 8th. This represents a $1.80 annualized dividend and a dividend yield of 3.04%. . . .

Lunch break, here! Smoke 'em -- if you've got 'em!