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Becton, Dickinson Shareholders Approve All Proposals at Annual Meeting, Recap Record FY2025
Yahoo Finance· 2026-01-31 16:37
Core Insights - BD reported record revenue of $21.8 billion for fiscal 2025, reflecting a 7.7% growth on an adjusted foreign exchange-neutral basis and 2.9% organic growth, with management highlighting solid performance across key platforms in a dynamic market environment [1][5] - The company described fiscal 2025 as the culmination of its BD 2025 strategy and the beginning of a new growth phase, emphasizing the most prolific growth period in its 128-year history with over $5.4 billion in organic revenue added [1][7] - BD plans to close the combination of its Biosciences and Diagnostic Solutions business with Waters Corp. on February 9, allocating at least half of the expected $4 billion in cash proceeds to share repurchases and the remainder to debt repayment [4][13] Financial Performance - BD achieved a record adjusted operating margin of 25% and reported a 9.6% growth in adjusted diluted EPS, alongside returning $2.2 billion to shareholders, marking its 54th consecutive dividend increase [5][6][10] - The company launched over 125 new products and generated $1.3 billion through more than 20 tuck-in acquisitions while divesting non-strategic assets [8][10] Annual Meeting Outcomes - Shareholders approved all four proposals at the annual meeting, including the election of directors and the ratification of Ernst & Young as the independent auditor for fiscal 2026, with significant support for each proposal [3][15] - The advisory "Say on Pay" vote on executive compensation received approximately 91% support, and the amendment to the 2004 Equity Compensation Plan received 96% support [15] Strategic Initiatives - BD's management highlighted the BD Excellence operating system's contribution to profit and loss leverage, achieving record service levels and consumables quality while navigating macro challenges [6][10] - The company outlined an enhanced capital allocation framework focused on share repurchases, reliable and increasing dividends, and targeted high-growth market acquisitions [14]
The Magnificent 7 Are So Yesterday. These Are AI's Next Big Winners
Forbes· 2025-12-17 19:20
Shot of Corridor in Working Data Center Full of Rack Servers and Supercomputers with Cloud Storage Advantages Icon Visualization.gettyToday I have a sweet dividend “double shot” for you: The first? A 2.8% payout set to grow thanks to AI—and take the stock price up with it.The second gives you high payouts now, in the form of a monthly-paid 7.8% divvie that also looks set to head higher.Both of these tickers are cheap. In fact, they (and the sector they’re in) could very well be the last bargains on the boar ...