Avon announces 6% increase in regular Qtly dividend
05 Feb '07
1 min read
Avon Products Inc announced a 6% increase in its regular quarterly dividend. The new dividend rate will be $.185 per common share, up from $.175 per share, beginning with the first-quarter dividend payable March 1, 2007, to shareholders of record February 15, 2007.
On an annualized basis, the new indicated dividend rate would increase to $.74 per share from $.70 per share.
Avon, the company for women, is a leading global beauty company, with over $8 billion in annual revenue. As the world's largest direct seller, Avon markets to women in well over 100 countries through over five million independent Avon Sales Representatives.
Avon's product line includes beauty products, fashion jewelry and apparel, and features such well-recognized brand names as Avon Color, Anew, Skin-So-Soft, Avon Solutions, Advance Techniques, Avon Naturals, Mark, and Avon Wellness.
marketing@alchempro.com
