ST. PAUL, Minn.--(BUSINESS WIRE)--St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that its Board of Directors has approved the initiation of a regular quarterly cash dividend to shareholders. The initial quarterly dividend of $.21 per share will be paid on April 29, 2011, to stockholders of record at the close of business on March 31, 2011. The commencement of this dividend represents St. Jude Medical’s commitment to its shareholders, as well as its continued confidence in its ongoing growth program.
