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WARNER-LAMBERT RAISES QUARTERLY DIVIDEND BY 12 PERCENT

 MORRIS PLAINS, N.J., Jan. 26 /PRNewswire/ -- The board of directors of Warner-Lambert Company (NYSE: WLA) today voted to increase the regular quarterly dividend rate by 12 percent, from 51 cents to 57 cents per share of common stock. On an annualized basis, the new dividend is $2.28 per year.
 The increased dividend will be paid on March 10, 1993, to shareholders of record Feb. 5, 1993.
 Melvin R. Goodes, chairman and chief executive officer, said the increase reflects the continuing strength of the company's worldwide pharmaceutical and consumer businesses. He said it was in line with the 1992 earnings gain of 15 percent, reported earlier today, and with the prospects of a 10 percent EPS increase in 1993.
 -0- 1/26/93
 /CONTACT: Peter Wolf, 201-540-6696, or Sandy Horner, 201-540-4268; or (investors) Stephen Mock, 201-540-6916, or Cary Rosansky, 201-540-4874, all of Warner-Lambert/
 (WLA)


CO: Warner-Lambert Company ST: New Jersey IN: MTC SU: DIV

WB -- NY059 -- 9071 01/26/93 12:24 EST
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Publication:PR Newswire
Date:Jan 26, 1993
Words:164
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