Mylan Declares Quarterly Preferred Stock DividendPITTSBURGH,
April 16 /PRNewswire-FirstCall/ --
Mylan Inc. (Nasdaq: MYL)
today announced that in accordance with its 2.139 million preferred stock
issuance, the company has declared its quarterly dividend of
$16.25 per share
(based on the annual dividend rate of 6.5% and a liquidation preference of
$1,000.00 per share) payable on
May 15, 2009, to holders of preferred stock of
record as of
May 1, 2009.
Mylan Inc., which provides products to customers in more than 140
countries and territories, ranks among the leading diversified generic and
specialty pharmaceutical companies in the world. The company maintains one of
the industry's broadest - and highest quality - product portfolios, supported
by a robust product pipeline; owns a controlling interest in the world's third
largest active pharmaceutical ingredient manufacturer; and operates a
specialty business focused on respiratory and allergy therapies.
SOURCE Mylan Inc.
04/16/2009
CONTACT: Michael Laffin (Media), +1-724-514-1968, or Dan Crookshank
(Investors), +1-724-514-1813, both of Mylan Inc.
/Web Site: http://www.mylan.com
(MYL)
