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SCHERING-PLOUGH

(SGP)
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SCHERING-PLOUGH : Provides Update on Dividend Payment Date for Mandatory Convertible Preferred Stock

12/19/2008 | 01:10pm EST

KENILWORTH, N.J., Dec. 19 /PRNewswire-FirstCall/ -- Schering-Plough (NYSE: SGP) today announced that the quarterly dividend payment of $3.75 per share on the 2007 Mandatory Convertible Preferred Stock will be made on Feb. 17, 2009, to holders of record at the close of business on Feb. 2, 2009. The previously reported payment date of Feb. 16, 2009, was changed to avoid a conflict with the President's Day holiday, which is a banking holiday.

Schering-Plough is an innovation-driven, science-centered global health care company. Through its own biopharmaceutical research and collaborations with partners, Schering-Plough creates therapies that help save and improve lives around the world. The company applies its research-and-development platform to human prescription, animal health and consumer health care products. Schering-Plough's vision is to "Earn Trust, Every Day" with the doctors, patients, customers and other stakeholders served by its colleagues around the world. The company is based in Kenilworth, N.J., and its Web site is www.schering-plough.com.

SOURCE Schering-Plough


ę PRNewswire 2008
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