AstraZeneca PLC AstraZeneca increases 2024 dividend by 7%

RNS Number : 1111K

AstraZeneca PLC

11 April 2024

 

 

11 April 2024

 AstraZeneca increases 2024 dividend by 7%

AstraZeneca announced today that the Board intends to increase the annualised dividend for 2024 by $0.20 to $3.10 per share, underlining the company's confidence in its performance and cash generation. This takes into account other capital allocation priorities as well as previously announced acquisitions and business development.

 

Michel Demaré, Chair, AstraZeneca said: "The Board is delighted to announce a 7% increase to the dividend, taking it to $3.10 per share. This uplift is in line with our progressive dividend policy, which remains unchanged, and reflects the continuing strength of AstraZeneca's investment proposition for shareholders."

 

No changes are planned to the Company's normal dividend payment timetable, which is:

·    First interim dividend - announced with half-year results and paid in September.

·    Second interim dividend - announced with full-year results and paid in March.

 

The Board also reaffirms its commitment to AstraZeneca's progressive dividend policy.

Notes

 

AstraZeneca

AstraZeneca (LSE/STO/Nasdaq: AZN) is a global, science-led biopharmaceutical company that focuses on the discovery, development, and commercialisation of prescription medicines in Oncology, Rare Diseases, and BioPharmaceuticals, including Cardiovascular, Renal & Metabolism, and Respiratory & Immunology. Based in Cambridge, UK, AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. Please visit astrazeneca.com and follow the Company on social media @AstraZeneca

Contacts

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Adrian Kemp

Company Secretary

AstraZeneca PLC

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