West Pharmaceutical hikes dividend by a penny

AP News
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Posted: Dec 22, 2009 3:59 PM

Medical products maker West Pharmaceutical Services Inc. said Monday it will pay a 16 cent dividend in the first quarter of 2010, a penny higher than the fourth-quarter payment.

The company said its board of directors approved the dividend that will be paid on Feb. 3 to shareholders of record on Jan. 20.

Company shares fell 9 cents to $39.27 in afternoon trading.