Tyco Int'l Declares Regular Quarterly Dividend

NEW YORK (AP) — Industrial product manufacturer and service company Tyco International Ltd. on Thursday declared a regular quarterly dividend of 0.23 Swiss francs (22 U.S. cents) per share.

The Switzerland-based company said the dividend is payable Nov. 24 to shareholders of record on Oct. 30. It is the third dividend that will be paid in Swiss francs, and is meant to add up to Tyco International's planned annual dividend of 80 cents per share for 2009.

The company relocated its headquarters to Switzerland from Bermuda earlier this year.

The dividend will be paid in U.S. dollars converted from Swiss francs at the exchange rate in effect about a week before the payment date.