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February 27, 2013
16:14 EDTMJNMead Johnson raises dividend 13% to 34c per share from 30c per share
Mead Johnson Nutrition announced that its board has declared a regular quarterly dividend of 34c per share for the quarter ending March 31, a 13.3% increase from the prior rate of 30c per share. The board expects the annualized dividend to be $1.36 per share. The dividend will be paid on April 1, to shareholders of record at close of business on March 13.
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April 24, 2014
07:04 EDTMJNMead Johnson raises FY14 EPS view to $3.60-$3.72 from $3.50-$3.62
Consensus $3.62. In the first quarter of 2014, MJN adopted mark-to-market accounting for all of its defined benefit pension and other post-employment benefit plans. Of the expected 10c increase in earnings per share, approximately two-thirds is attributed to the New Pension Accounting with the remainder the result of stronger anticipated operational performance. To provide a better view of underlying operational performance, pension MTM actuarial gains or losses will be treated as a Specified Item. The company now anticipates constant dollar sales growth of approximately 8% for the full year 2014, up from 7% in its prior guidance, consensus $4.44B.
07:02 EDTMJNMead Johnson reports Q1 EPS $1.02, consensus 91c
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April 16, 2014
13:54 EDTMJNDanone slips after fresh dairy volume shrinks
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