Zoetis (ZTS) will raise its quarterly dividend by 15.3 percent to $0.083 per share. This follows a 10.8 percent dividend increase by the former Pfizer subsidiary last year. The animal health company initiated a dividend in 2013.
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 and has paid a dividend ever since.