Tyco International Ltd. TYC today announced that its shareholders approved an approximate 20 percent increase in its annual dividend and elected Dinesh Paliwal to the company's Board of Directors during its Annual General Meeting.
Shareholders approved an annual dividend of $1.00 per share, representing an approximate 20 percent increase over the current $0.84 annual dividend. Payment of the dividend is to be made in four quarterly installments of $0.25 from May 2011 through February 2012 with the first payment scheduled for May 25, 2011 to shareholders of record on April 29, 2011
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