Zoetis Inc (ZTS) will raise its quarterly dividend by 10.8 percent to $0.072 per share. This is the first dividend hike by the animal health company since a quarterly dividend was initiated last year following the separation from Pfizer.
Zoetis Inc. is an animal health company. Zoetis discovers, develops, manufactures and markets veterinary vaccines and medicines, complemented by diagnostic products, genetic tests, biodevices and a range of services. Zoetis serves veterinarians, livestock producers and people who raise and care for farm and companion animals worldwide. The company, formerly a subsidiary of Pfizer, went public in 2013.