Summary
Zoetis Inc. (ZTS) filed an 8-K on March 26, 2014, primarily to disclose its second-quarter dividend declaration. The Board of Directors approved a dividend of $0.072 per share for common stockholders of record on April 27, 2014, which will be payable on June 2, 2014. This announcement provides a direct indication of the company's capital allocation strategy and commitment to returning value to shareholders.
Key Highlights
- 1Declaration of a second quarter dividend for 2014.
- 2Dividend amount set at $0.072 per share.
- 3Record date for dividend eligibility is April 27, 2014.
- 4Payment date for the dividend is June 2, 2014.
- 5This filing serves as a Regulation FD disclosure regarding the dividend.