Mead 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.
News For MJN From The Last 14 Days
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Mead Johnson upgraded to Buy from Neutral at Goldman Goldman Sachs upgraded Mead Johnson to Buy saying the company's results should beat expectations while it remains an attractive takeover candidate. Goldman raised its price target for shares to $107 from $91.