Hamilton, Bermuda
Covidien Ltd. (NYSE: COV; BSX: COV) announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on May 5, 2008, to shareholders of record on March 31, 2008.
In addition, Covidien also announced that it has launched an Investor Services Program for shareholders. The program offers a convenient method to reinvest dividends or to buy or sell Covidien common shares. Additional information is available at Covidien's web site: investor.covidien.com.
ABOUT COVIDIEN LTD.
Covidien is a leading global healthcare products company that creates innovative medical solutions for better patient outcomes and delivers value through clinical leadership and excellence. Covidien manufactures, distributes and services a diverse range of industry-leading product lines in four segments: Medical Devices, Imaging Solutions, Pharmaceutical Products and Medical Supplies. With 2007 revenue of nearly $9 billion, Covidien has more than 43,000 employees worldwide in 57 countries, and its products are sold in over 130 countries. Please visit www.covidien.com to learn more about our business.
Source: Business Wire (Business Wire India)