OWENS & MINOR, INC. ANNOUNCES DIVIDEND INCREASE
OWENS & MINOR, INC. ANNOUNCES DIVIDEND INCREASE RICHMOND, Va., April 28 /PRNewswire/ -- Owens & Minor, Inc.
(NYSE: OMI) announced that its Board of Directors approved the payment of the second quarter cash dividend in the amount of $.065 per share. This is an increase of $.0125 per share over the previously paid quarterly amount. By raising the dividend 23.8 percent, the Company has reaffirmed its practice of periodic dividend increases consistent with improved earnings performance. The cash dividend is payable on June 30, 1992 to stockholders of record as of June 15, 1992. The Company has paid a cash dividend consecutively every year since 1882, except for one year during the Great Depression era. The Company currently has approximately 13,000,000 common shares outstanding.
Owens & Minor, Inc. is a wholesale distributor of medical and surgical supplies, pharmaceuticals and other related products. Through its Vanguard Labs subsidiary, the Company also packages generic and brand-name pharmaceuticals. -0- 4/28/92 /CONTACT: Glenn J. Dozier, Senior Vice President, Operations and Systems, Chief Financial Officer, Owens & Minor, Inc., 804-965-2945/ (OMI) CO: Owens & Minor ST: Virginia IN: MTC SU: DIV
JZ -- CH001 -- 3591 04/28/92 09:11 EDT
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|Date:||Apr 28, 1992|
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