ST. PAUL, Minn.--(BUSINESS WIRE)--St. Jude Medical, Inc. (NYSE:STJ), a global medical device company, today announced that its Board of Directors declared a fourth quarter dividend of $0.31 per common share of the Company’s stock. This dividend amount is equal to the dividend paid during the first, second and third quarters of 2016 and brings the total dividend declared for the year to $1.24 per share. The dividend is payable January 31, 2017, to shareholders of record at the close of business on January 13, 2017, provided that the Company’s pending merger with Abbott Laboratories (NYSE: ABT) is not effective before the close of business on the record date.
