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C.R. Bard announces dividend


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Medical technology company C.R. Bard Inc., in the Murray Hill section of New Providence, announced Wednesday its board has declared a quarterly dividend of 21 cents per share of common stock. The dividend follows a summer packed with deals by the company.

According to the announcement, the current indicated annual dividend rate is 84 cents per share. The dividend is payable on November 1, 2013 to shareholders of record at the close of business on October 21, 2013.

The company has recently announced it will acquire both Rochester Medical and Medafor. Bard has also sold more than a quarter of a billion dollars in assets and announced more than $500 million in share repurchase authorization.

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