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Put this Big Pharma stock on your radar
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Monday, November 30, 2009
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From 24/7 Wall Street:

Merck & Co., Inc. (NYSE: MRK) barely has its Schering-Plough deal behind it. And today came the announcement of its dividend rate, but more importantly came word of a large share repurchase program.

The quarterly dividend for common stock is remaining at $0.38 per quarter, which gives a yield of almost 4.20%. It also declared a quarterly dividend of $3.75 per share on the company’s mandatoryconvertible preferred stock for the first quarter of 2010.

But this buyback is what will excite most investors...

Read full article...

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