The Board of Directors of Becton, Dickinson and Company has declared a quarterly dividend of 49.5 cents per common share, payable on June 28, 2013 to holders of record on June 7, 2013. The indicated annual dividend rate is $1.98 per share.

Becton, Dickinson and Company announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported revenues of $2,000,375,000 compared to $1,928,961,000 a year ago. Operating income was $381,132,000 compared to $383,330,000 a year ago. Income from continuing operations before income taxes was $360,471,000 compared to $369,525,000 a year ago. Income from continuing operations was $276,120,000 or $1.39 per diluted share compared to $275,124,000 or $1.31 per diluted share a year ago. Net income was $275,637,000 or $1.39 per diluted share compared to $291,033,000 or $1.39 per diluted share a year ago. For the six months, the company reported revenues of $3,900,567,000 compared to $3,760,681,000 a year ago. Operating income was $773,221,000 compared to $720,087,000 a year ago. Income from continuing operations before income taxes was $726,167,000 compared to $691,967,000 a year ago. Income from continuing operations was $546,370,000 or $2.74 per diluted share compared to $523,669,000 or $2.45 per diluted share a year ago. Net income was $901,073,000 or $4.53 per diluted share compared to $554,019,000 or $2.59 per diluted share a year ago. The company is raised its earnings guidance for the full year 2013 on revenues and earnings per share growth. On a currency-neutral basis, revenue growth is expected to be between 4.5% and 5.0%, or an increase of 50 basis points. Reported revenue growth guidance remains consistent with the company's previously guided range of 3.5% to 4.0%. Reported diluted earnings per share from continuing operations for fiscal year 2013 are expected to be between $5.72 and $5.75, or an increase of $0.03 from the previous guidance range. This represents growth of 6.5% to 7.0% over 2012 adjusted diluted earnings per share of $5.37, which excludes the pension settlement charge in fiscal year 2012. On a currency-neutral basis, earnings per share are expected to increase 100 basis points to 8.5% to 9.0%. After adjusting for the impact of the medical device tax and foreign currency, adjusted diluted earnings per share are expected to grow 11.0% to 11.5%.

Becton, Dickinson and Company, Q2 2013 Earnings Call, May 02, 2013