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embecta Announces Quarterly Cash Dividend

The Board of Directors of Embecta Corp. (NASDAQ: EMBC) has announced a quarterly cash dividend of $0.15 per share, set to be paid on January 11, 2023.

(Moderate)

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Rhea-AI Summary

The Board of Directors of Embecta Corp. (NASDAQ: EMBC) has announced a quarterly cash dividend of $0.15 per share, set to be paid on January 11, 2023. This dividend will be distributed to stockholders registered by the close of business on December 30, 2022. Embecta, a leading diabetes care company, leverages nearly a century of experience in insulin delivery to improve the lives of people living with diabetes.

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Positive

  • Dividend of $0.15 per share announced, reflecting company confidence.

Negative

  • None.
Argus Session date unavailable
-15.64% session move Open Argus
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News Market Reaction – EMBC

The recorded move for EMBC in the trading session of this news was -15.64%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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PARSIPPANY, N.J., Dec. 20, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Embecta Corp. (“embecta”) (NASDAQ: EMBC) have declared a quarterly cash dividend of $0.15 for each issued and outstanding share of the Company’s common stock. The dividend is payable on January 11, 2023 to stockholders of record at the close of business on December 30, 2022.

About embecta
embecta, formerly part of BD (Becton, Dickinson and Company), is one of the largest pure-play diabetes care companies in the world, leveraging its nearly 100-year legacy in insulin delivery to empower people with diabetes to live their best life through innovative solutions, partnerships and the passion of more than 2,000 employees around the globe. For more information, visit embecta.com.

CONTACTS
Investors:
Pravesh Khandelwal
VP, Head of Investor Relations
551-264-6547
Contact IR

Media:
Christian Glazar
Sr. Director, Corporate Communications
908-821-6922
Contact Media Relations


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Embecta Corp?

Embecta Corp. declared a quarterly cash dividend of $0.15 per share.

When is the dividend payment date for Embecta Corp?

The dividend payment date is January 11, 2023.

What is the record date for Embecta Corp's dividend?

The record date for the dividend is December 30, 2022.

What is the significance of the dividend for EMBC shareholders?

The dividend represents a return on investment and indicates the company's financial health.

How often does Embecta Corp pay dividends?

Embecta Corp pays dividends on a quarterly basis.

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