Owens & Minor, Inc. Approves Dividend for the First Quarter of 2018, Payable on March 30, 2018
January 01, 2018 at 04:21 am IST
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Owens & Minor, Inc. announced that the Board of Directors approved a first quarter 2018 dividend of $0.26 per share. This represents a 1% increase over the prior period and marks the twentieth year in a row of dividend increases. The dividend is payable on March 30, 2018, to shareholders of record on March 15, 2018.
Owens & Minor, Inc. is a global healthcare solutions company providing essential products and services that support care from the hospital to the home. The Company operates through two segments: Products & Healthcare Services and Patient Direct. The Products & Healthcare Services segment offers a comprehensive portfolio of products and services to healthcare providers and manufacturers. Its portfolio of medical and surgical supplies includes branded products purchased from manufacturers and its own proprietary products. Its service offerings to healthcare providers include supplier management, analytics, inventory management, and clinical supply management. It also offers a variety of programs providing outsourced logistics and marketing solutions to its suppliers as well. The Patient Direct segment provides delivery of disposable medical supplies sold directly to patients and home health agencies and a provider of integrated home healthcare equipment and related services.