Covidien Ltd Declares Quarterly Cash Dividend and Announces Stock Buyback

DUBLIN, Ireland--(BUSINESS WIRE)--Covidien (NYSE: COV; BSX: COV) today announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per common share. The dividend is payable on February 27, 2009, to shareholders of record on February 6, 2009.

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