July 20, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Mylan, Inc. (NASDAQ: MYL) said 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 Aug. 16, 2010, to holders of preferred stock of record as of Aug. 1, 2010.

Pennsylvania-based Mylan is a generic and specialty pharmaceutical firm with customers in more than 140 countries and territories.

The company maintains a product portfolio, operates as an active pharmaceutical ingredient manufacturer and runs a specialty business focused on respiratory, allergy and psychiatric therapies.

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