|By PR Newswire||
|December 5, 2013 05:45 PM EST||
NEUHAUSEN, Switzerland, Dec. 5, 2013 /PRNewswire/ -- The Board of Directors of Tyco (NYSE: TYC) has declared a quarterly dividend of $0.16 per share, payable on February 19, 2014 to shareholders of record at the close of business on January 24, 2014.
As previously announced, the Board of Directors approved an annual dividend increase of 13% from $0.64 to $0.72 per share, subject to shareholder approval at the annual general meeting of shareholders in March of 2014.
Tyco (NYSE: TYC) is the world's largest pure-play fire protection and security company. Tyco provides more than three million customers around the globe with the latest fire protection and security products and services. A company with $10+ billion in revenue, Tyco has approximately 70,000 employees in more than 1,000 locations across 50 countries serving various end markets, including commercial, institutional, governmental, retail, industrial, energy, residential and small business. For more information, visit the new www.tyco.com.