C. R. Bard Increases Dividend Six Percent

C. R. Bard (BCR), a medical devices company that specializes in oncology, urology and vascular devices, has increased its quarterly cash dividend from $0.16 to $0.17, a 6.25 percent increase. The dividend is payable on July 31, 2009 to shareholders of record as of July 20, 2009.

Its current dividend yield is 0.90 percent. BCR has increased its dividend for 38 consecutive years making it a U.S. Dividend Champion and a Dividend Aristocrat.

BCR is an excellent candidate for a long-term dividend reinvestment portfolio.

I (RAH) do not own BCR.

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Posted June 23, 2009.