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Bindley Western Industries, Inc. Declares Cash Dividend.


Business and Health Editors

INDIANAPOLIS--(BW HealthWire)--Sept. 8, 2000

It was announced today by Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  William E. Bindley that the Board of Directors declared a cash dividend of $.02 per share payable to shareholders of record September 19, 2000, payable September 29, 2000.

The company indicated that this is the 41st consecutive quarterly cash dividend since the initial dividend was paid on September 5, 1990.

Indianapolis-based Bindley Western (NYSE NYSE

See: New York Stock Exchange
:BDY BDY Body
BDY Boundary
), with annualized annualized

Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared.
 revenues of $10 billion, is a Fortune 500 company that provides a synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik)
1. acting together.

2. enhancing the effect of another force or agent.


syn·er·gis·tic
adj.
1.
 array of cost effective pharmaceutical and supply channel management products and services from 17 distribution facilities located in 14 states and from 32 specialty pharmacies located in 15 states. Customers include chain drug stores, independent drug stores, supermarkets and mass retailers with their own pharmacies, hospitals, clinics, HMOs, and managed care organizations, all of which are dedicated to lowering the cost of healthcare and improving the quality of patient care. Information on Bindley Western is available on-line at www.bindley.com.
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Publication:Business Wire
Date:Sep 8, 2000
Words:169
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