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Medtronic Board Raises Dividend 9 Percent

Stock quotes in this article: MDT  

MINNEAPOLIS (AP) — Medical device maker Medtronic Inc. said Thursday its board of directors increased its dividend by 9 percent to an annual rate of 82 cents.

The increase raises the quarterly amount to 20.5 cents.

The increase is effective for the 2010 fiscal year. The quarterly dividend is payable July 31 to shareholders of record as of July 10. ...

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