WILMINGTON, N.C.--(BUSINESS WIRE)--PPD, Inc. (Nasdaq: PPDI) today announced that its board of directors declared a cash dividend for the first quarter of 2009 under its annual cash dividend policy. The quarterly cash dividend will equal $0.125 per share. The record date for the first quarter dividend is March 13, 2009, and the payment date is March 27, 2009. The annual cash dividend policy and the payment of future quarterly cash dividends under that policy are subject to the continuing determination by the board of directors that the policy remains in the best interests of the company’s shareholders and in compliance with applicable laws and agreements.
