The board of directors at Walgreens declared a regular quarterly dividend of 27.5 cents per share, a 22.2% increase over the year ago dividend. The dividend is payable June 12, 2013, to shareholders of record May 21, 2013.
The generic drug tidal wave became a tsunami in 2012, with some of the world's top-selling pharmaceuticals swamped by generic competition, and health plan payers scrambling to reap billions of dollars in financial savings.
Despite continuing to face regulatory headwinds in the Canadian market, executives at Canadian pharmacy retailer Shoppers Drug Mart were “pleased” with fourth-quarter results and indicated that the company will continue to pursue acquisition opportunities.
Health and beauty products manufacturer CCA Industries — whose brands include Plus+White toothpastes and teeth whiteners, Nutra Nail nail care treatments and Gel Perfect UV-free gel color — announced that its board has approved the company’s 34th consecutive dividend.