RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE:OMI) announced that its board of directors has approved the payment of the first quarter 2016 cash dividend in the amount of $0.255 per share, which includes an increase of 1.0% over the prior quarter’s dividend. The cash dividend is payable on March 31, 2016, to shareholders of record as of March 15, 2016.