West Pharmaceutical boosts dividend

Monday, 1 Oct 2012 | 5:19 PM ET

LIONVILLE, Pa. -- West Pharmaceutical Services Inc. said Monday that its board declared a quarterly dividend of 19 cents per share, up 5.6 percent from its prior payout of 18 cents.

The maker of injectable drug delivery systems said the boost is its 19th straight annual increase.

The dividend is payable Nov. 7 to shareholders of record Oct 24.

Shares of West Pharmaceutical ended trading up $1.03 at $54.10. The stock has rallied 43 percent year-to-date.

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