Zimmer Biomet Holdings' board of directors approved a quarterly dividend, the musculoskeletal company announced June 11.
Three quick details:
1. The board approved a quarterly cash dividend of $0.24 per share for the second quarter of 2020.
2. The dividend is payable July 31 to stockholders of record as of the close of business June 29.
3. Zimmer Biomet's first-quarter report showed a 9.7 percent decline in net sales to $1.78 billion, as well as a net loss of $509 million.
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