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Avon boosts quarter dividend

February
1

Avon Products Inc., which has research facilities in Suffern and back-office operations in Rye, announced today that it is boosting its quarterly dividend to 18.5 cents from 17.5 cents a share.

The new rate, effective March 1, will be payable to shareholders of record Feb. 15, the Manhattan-based beauty-products maker said.

The increase raises the annual-dividend amount to 74 cents a share, up from the current 70 cents a share.

This entry was posted on Thursday, February 1st, 2007 at 7:14 pm by David Schepp.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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