C.R. Bard Inc. on Wednesday said that its board increased its quarterly dividend by a penny, to 19 cents.
The medical device developer and maker said the dividend is payable Aug. 5 to shareholders of record as of July 25.
Bard last increased its dividend a year ago, when it was raised to 18 cents.
C.R. Bard shares closed Thursday trading up 17 cents at $108.49. The stock has traded between $75.16 and $113.13 in the past 52 weeks.