KENILWORTH, N.J., Sept. 16 /PRNewswire-FirstCall/ -- The Board of
Directors of Schering-Plough Corporation (NYSE: SGP) today declared a
quarterly dividend of 6.5 cents per common share. Payment will be made on
Nov. 25, 2008, to shareholders of record at the close of business on Nov.
7, 2008. As of June 30, 2008, there were 1,625,591,985 common shares
outstanding.
The Board of Directors today also declared a quarterly dividend of
$3.75 per share on the 2007 Mandatory Convertible Preferred Stock. Payment
will be made on Nov. 17, 2008, to holders of record at the close of
business on Nov. 3, 2008. As of June 30, 2008, there were 10,000,000 shares
of 2007 Mandatory Convertible Preferred Stock outstanding.
Schering-Plough is an innovation-driven, science-centered global health
care company. Through its own biopharmaceutical research and collaborations
with partners, Schering-Plough creates therapies that help save and improve
lives around the world. The company applies its research-and-development
platform to human prescription and consumer products as well as to animal
health products. Schering-Plough's vision is to "Earn Trust, Every Day"
with the doctors, patients, customers and other stakeholders served by its
colleagues around the world. The company is based in Kenilworth, N.J., and
its Web site is http://www.schering-plough.com.
SOURCE Schering-Plough Corporation
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Related links:
http://www.schering-plough.com
CONTACT:
Media, Fred Malley, +1-908-298-7428, or
Investors, Janet M. Barth or Joe Romanelli, +1-908-298-7436
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