RICHMOND, Va.--(BUSINESS WIRE)--Owens & Minor, Inc. (NYSE: OMI) announced that its board of directors declared a dividend for the first quarter 2017 in the amount of $0.2575 per share, which represents an increase of 1.0% over the prior quarter’s dividend. The cash dividend is payable on March 31, 2017, to shareholders of record as of March 15, 2017.
“As we celebrate Owens & Minor’s 135th anniversary this year, our board is continuing a long-standing tradition of making dividend payments to our shareholders,” said Cody Phipps, president & chief executive officer of Owens & Minor. “With the approval of the first quarter dividend this year, we mark 87 consecutive years of dividend payments.”
About Owens & Minor
Owens & Minor, Inc. (NYSE: OMI) is a global healthcare services company dedicated to Connecting the World of Medical Products to the Point of CareSM by providing vital supply chain services to healthcare providers and manufacturers of healthcare products. Owens & Minor provides logistics services across the spectrum of medical products from disposable medical supplies to devices and implants. With logistics platforms strategically located in the United States and Europe, Owens & Minor serves markets where three quarters of global healthcare spending occurs. Owens & Minor’s customers span the healthcare market from independent hospitals to large integrated healthcare networks, as well as group purchasing organizations, healthcare products manufacturers, and the federal government. A FORTUNE 500 company, Owens & Minor is headquartered in Richmond, Virginia, and has annualized revenues exceeding $9 billion. For more information about Owens & Minor, visit owens-minor.com, follow @Owens_Minor on Twitter, and connect on LinkedIn at www.linkedin.com/company/owens-&-minor.