Schering-Plough Increases Quarterly Dividend

Apr 24, 2001, 01:00 ET from Schering-Plough Corporation

    KENILWORTH, N.J., April 24 /PRNewswire Interactive News Release/ -- The
 Board of Directors of Schering-Plough Corporation today increased the
 company's quarterly dividend by 14 percent, from 14 cents to 16 cents
 per common share.  Payment will be made on May 29, 2001, to shareholders of
 record at the close of business on May 4, 2001.  As of March 31, 2001, there
 were 1,462,918,184 common shares outstanding.
     "With today's action by the Board, Schering-Plough will have raised its
 quarterly dividend 18 times since 1986, which reflects our confidence in the
 financial strength of the company and our commitment to reward shareholders,"
 said Richard Jay Kogan, chairman and chief executive officer.
    The company noted that the dividend was last increased in April 2000, when
 it went from 12.5 cents to 14 cents per common share.
 
     DISCLOSURE NOTICE: The information in this press release includes certain
 "forward-looking" statements which are subject to substantial risks and
 uncertainties.  For further details and a discussion of these risks,
 uncertainties and other matters, see the company's Securities and Exchange
 Commission filings, including the company's 2000 annual report on Form 10-K,
 the company's Feb. 15, 2001, press release and other press releases available
 on the company's Web site at http://www.schering-plough.com.
     Schering-Plough is a research-based company engaged in the discovery,
 development, manufacturing and marketing of pharmaceutical products worldwide.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X88707725
 
 

SOURCE Schering-Plough Corporation
    KENILWORTH, N.J., April 24 /PRNewswire Interactive News Release/ -- The
 Board of Directors of Schering-Plough Corporation today increased the
 company's quarterly dividend by 14 percent, from 14 cents to 16 cents
 per common share.  Payment will be made on May 29, 2001, to shareholders of
 record at the close of business on May 4, 2001.  As of March 31, 2001, there
 were 1,462,918,184 common shares outstanding.
     "With today's action by the Board, Schering-Plough will have raised its
 quarterly dividend 18 times since 1986, which reflects our confidence in the
 financial strength of the company and our commitment to reward shareholders,"
 said Richard Jay Kogan, chairman and chief executive officer.
    The company noted that the dividend was last increased in April 2000, when
 it went from 12.5 cents to 14 cents per common share.
 
     DISCLOSURE NOTICE: The information in this press release includes certain
 "forward-looking" statements which are subject to substantial risks and
 uncertainties.  For further details and a discussion of these risks,
 uncertainties and other matters, see the company's Securities and Exchange
 Commission filings, including the company's 2000 annual report on Form 10-K,
 the company's Feb. 15, 2001, press release and other press releases available
 on the company's Web site at http://www.schering-plough.com.
     Schering-Plough is a research-based company engaged in the discovery,
 development, manufacturing and marketing of pharmaceutical products worldwide.
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X88707725
 
 SOURCE  Schering-Plough Corporation

RELATED LINKS

http://www.sch-plough.com