Business

St. Jude increases quarterly dividend 9 percent

By Washington Examiner
Published February 25, 2013 2:54pm ET
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ST. PAUL, Minn. (AP) — St. Jude Medical Inc. said on Monday that its board authorized increasing the company’s quarterly dividend by 9 percent.

The medical device maker said it will pay a dividend of 25 cents per share on April 30 to shareholders of record as of March 29. That is up from its most recent dividend of 23 cents per share.

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