Owens & Minor Approves 1st Quarter 2017 Dividend

RICHMOND, Va.--(BUSINESS WIRE)--

Owens & Minor, Inc. OMI announced that its board of directors declared a dividend for the first quarter 2017 in the amount of $0.2575 per share, which represents an increase of 1.0% over the prior quarter's dividend. The cash dividend is payable on March 31, 2017, to shareholders of record as of March 15, 2017.

"As we celebrate Owens & Minor's 135^th anniversary this year, our board is continuing a long-standing tradition of making dividend payments to our shareholders," said Cody Phipps, president & chief executive officer of Owens & Minor. "With the approval of the first quarter dividend this year, we mark 87 consecutive years of dividend payments."

About Owens & Minor

Owens & Minor, Inc. OMI is a global healthcare services company dedicated to Connecting the World of Medical Products to the Point of Care^SM by providing vital supply chain services to healthcare providers and manufacturers of healthcare products. Owens & Minor provides logistics services across the spectrum of medical products from disposable medical supplies to devices and implants. With logistics platforms strategically located in the United States and Europe, Owens & Minor serves markets where three quarters of global healthcare spending occurs. Owens & Minor's customers span the healthcare market from independent hospitals to large integrated healthcare networks, as well as group purchasing organizations, healthcare products manufacturers, and the federal government. A FORTUNE 500 company, Owens & Minor is headquartered in Richmond, Virginia, and has annualized revenues exceeding $9 billion. For more information about Owens & Minor, visit owens-minor.com, follow @Owens_Minor on Twitter, and connect on LinkedIn at www.linkedin.com/company/owens-&-minor.

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