embecta Announces Inaugural Quarterly Cash Dividend

Rhea-AI Summary

Embecta Corp. (NASDAQ: EMBC) has declared a quarterly cash dividend of $0.15 for each share of its common stock. This dividend will be paid on September 14, 2022 to stockholders of record as of August 26, 2022. As a leading pure-play diabetes care company, Embecta aims to support individuals with diabetes through innovative solutions, leveraging nearly a century of experience in insulin delivery.

Positive

• Quarterly cash dividend of $0.15 per share enhances shareholder income.
• Company's strong legacy in diabetes care reflects confidence in sustainability.

Negative

• None.

PARSIPPANY, N.J., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Embecta Corp. (“embecta”) (NASDAQ: EMBC), one of the largest pure-play diabetes care companies, announced today that its Board of Directors 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 September 14, 2022 to stockholders of record at the close of business on August 26, 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

What is the dividend amount declared by Embecta Corp?

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

When will Embecta Corp.'s dividend be paid?

The dividend will be paid on September 14, 2022.

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

Stockholders of record will be determined on August 26, 2022.