RICHMOND, Va--(BUSINESS WIRE)--
Owens & Minor, Inc. (NYSE: OMI) announced that its board of directors
has approved the payment of the first quarter 2015 cash dividend in the
amount of $0.2525 per share, which includes an increase of 1.0% over the
prior quarter's dividend. The cash dividend is payable on March 31,
2015, to shareholders of record as of March 16, 2015.
"With a history of paying dividends consistently since 1930, as well as
a track record of increasing our dividends, our board has fully
demonstrated its commitment to shareholder distributions," said James L.
Bierman, president & chief executive officer of Owens & Minor. "Our
dividend payout ratio remains one of the strongest in our sector and is
an important element of our total return to shareholders."
Owens & Minor, Inc. (NYSE: OMI)
is a leading healthcare logistics company dedicated to Connecting the
World of Medical Products to the Point of CareTM
by providing vital supply chain services to healthcare providers and
manufacturers of healthcare products. Owens & Minor provides logistics
services across the spectrum of medical products from disposable medical
supplies to devices and implants. With logistics platforms strategically
located in the United States and Europe, Owens & Minor serves markets
where three quarters of global healthcare spending occurs. Owens &
Minor's customers span the healthcare market from independent hospitals
to large integrated healthcare networks, as well as group purchasing
organizations, healthcare products manufacturers, and the federal
government. A FORTUNE 500 company, Owens & Minor is headquartered in
Richmond, Virginia, and has annualized revenues exceeding $9 billion.
For more information about Owens & Minor, visit the company website at owens-minor.com.
Owens & Minor, Inc.
Truitt Allcott, 804-723-7555
Director,
Investor & Media Relations
truitt.allcott@owens-minor.com
or
Chuck
Graves, 804-723-7556
Director, Finance & Investor Relations
chuck.graves@owens-minor.com
Source: Owens & Minor
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