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Mead Johnson Nutrition (MJN) has declared a regular quarterly dividend of $0.4125 per share for the quarter ending March 31, 2015, an increase of 10 percent from the prior rate of $0.375 per share. The board expects the annualized dividend to be $1.65 per share. The dividend will be paid at the new higher rate on April 1, 2015, to shareholders of record at close of business on March 16, 2015.
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