St. Jude Medical Announces Increase In Quarterly Dividend

St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that its board of directors declared a 7 percent increase in the company’s quarterly dividend to $0.29 per common share. The dividend is payable April 30, 2015, to shareholders of record on March 31, 2015. At the new rate, the annual dividend would be $1.16 per share, compared to the previous annual dividend of $1.08 per share.

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