Zoetis raises quarterly dividend 15% to 37.5c per share

The Board of Directors of Zoetis Inc. has declared a dividend of 37.5c per share for the first quarter of 2023, an increase of 15% from the quarterly dividend rate paid in 2022. The dividend will be paid on Wednesday, March 1, 2023, to all holders of record of the company’s common stock as of the close of business on Friday, January 20, 2023. "Zoetis has continued to perform well this year thanks to our diverse, durable product portfolio and global scale," said Wetteny Joseph, Executive Vice President and Chief Financial Officer at Zoetis. "We are well-positioned to generate increased cash for future investment opportunities, and I am pleased to announce that we are increasing our dividend by 15% in 2023 as part of our commitment to returning excess capital to shareholders."