Zoetis Declares Second Quarter 2023 Dividend

Rhea-AI Summary

The Board of Directors of Zoetis (NYSE:ZTS) has declared a dividend of $0.375 per share for Q2 2023. This dividend will be distributed on June 1, 2023, to shareholders on record as of April 21, 2023. Zoetis is a leading animal health company, generating $7.8 billion in revenue in 2021. With over 70 years of experience, they provide innovative solutions for animal care globally.

For more information on their products and services, visit www.zoetis.com.

Positive

• Declared a dividend of $0.375 per share, indicating strong financial health.
• Consistent dividend payment reflects confidence in ongoing revenue stability.

Negative

• None.

PARSIPPANY, N.J.--(BUSINESS WIRE)-- The Board of Directors of Zoetis Inc. (NYSE:ZTS) has declared a dividend of $0.375 per share for the second quarter of 2023. The dividend will be paid on Thursday, June 1, 2023, to all holders of record of the Company’s common stock as of the close of business on Friday, April 21, 2023.

About Zoetis
As the world’s leading animal health company, Zoetis is driven by a singular purpose: to nurture our world and humankind by advancing care for animals. After innovating ways to predict, prevent, detect, and treat animal illness for more than 70 years, Zoetis continues to stand by those raising and caring for animals worldwide – from veterinarians and pet owners to livestock farmers and ranchers. The company’s leading portfolio and pipeline of medicines, vaccines, diagnostics and technologies make a difference in over 100 countries. A Fortune 500 company, Zoetis generated revenue of $7.8 billion in 2021 with approximately 12,100 employees. For more information, visit www.zoetis.com.

DISCLOSURE NOTICES

Forward-Looking Statements: This press release contains forward-looking statements, which reflect the current views of Zoetis with respect to business plans or prospects, future operating or financial performance, future use of cash and dividend payments, and other future events. These statements are not guarantees of future performance or actions. Forward-looking statements are subject to risks and uncertainties. If one or more of these risks or uncertainties materialize, or if management's underlying assumptions prove to be incorrect, actual results may differ materially from those contemplated by a forward-looking statement. Forward-looking statements speak only as of the date on which they are made. Zoetis expressly disclaims any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. A further list and description of risks, uncertainties and other matters can be found in our most recent Annual Report on Form 10-K, including in the sections thereof captioned “Forward-Looking Statements and Factors That May Affect Future Results” and “Item 1A. Risk Factors,” in our Quarterly Reports on Form 10-Q and in our Current Reports on Form 8-K. These filings and subsequent filings are available online at www.sec.gov, www.zoetis.com, or on request from Zoetis.

ZTS-COR
ZTS-IR
ZTS-FIN

View source version on businesswire.com: https://www.businesswire.com/news/home/20230208005757/en/

Media Contacts:

Bill Price

1-973-443-2742 (o)

william.price@zoetis.com

Kristen Seely

1-973-443-2777 (o)

kristen.seely@zoetis.com

Investor Contact:

Steve Frank

1-973-822-7141 (o)

steve.frank@zoetis.com

Nick Soonthornchai

1-973-443-2792 (o)

nick.soonthornchai@zoetis.com

Source: Zoetis Inc.

FAQ

What is the dividend amount for Zoetis in 2023?

The dividend amount for Zoetis in 2023 is $0.375 per share.

When will the dividend be paid to Zoetis shareholders?

The dividend will be paid on June 1, 2023.

What is the record date for Zoetis dividend payment?

The record date for the Zoetis dividend payment is April 21, 2023.

How does the dividend impact Zoetis stock value?

Declaring a dividend can positively influence Zoetis stock value by attracting income-focused investors.

Is the Zoetis dividend sustainable long-term?

Zoetis has a strong revenue base, indicating potential sustainability of its dividend.