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Zoetis raises quarterly dividend by 22%

Zoetis Inc.'s board increased the company's quarterly dividend by 22% to 20 cents per share.

The Parsippany, N.J.-based animal health company will pay the next dividend March 3, 2020, to shareholders of record as of Jan. 17, 2020.

Zoetis manufactures and commercializes animal health medicines, vaccines and diagnostic products.