NEW YORK (GenomeWeb News) – Agilent Technologies today said that it will pay out its first-ever cash dividend to shareholders.
The firm's board of directors has declared a quarterly cash dividend of $.10, which will be paid on April 25 to shareholders of record as of the close of business on April 3.
"The actions taken yesterday by our board of directors are a reflection of Agilent's financial strength and continuing growth opportunities," Bill Sullivan, Agilent's president and CEO, said in a statement.
Agilent finished its Fiscal Year 2011 on Oct. 31 with $3.53 billion in cash and cash equivalents.