Beckman Instruments Raises Dividend
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FULLERTON — Beckman Instruments Inc.’s board has increased the company’s quarterly dividend and extended through 1998 the company’s program to buy back up to 1 million shares a year.
The dividend, which was increased to 13 cents a share from 11 cents a share, is payable March 7 to shareholders of record Feb. 16.
The company, which develops and markets automated systems and supplies used for biological analysis, said the stock buyback program is used to fund existing stock-oriented employee benefit plans.
The original buyback program was authorized three years ago, and expired Dec. 31, a company spokesman said.
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