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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Amgen Inc | NASDAQ:AMGN | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 33.02 | 11.86% | 311.41 | 311.40 | 320.00 | 322.54 | 308.68 | 313.42 | 9,644,684 | 05:00:03 |
From Nov 2023 to May 2024
By Ben Glickman
Amgen is raising its dividend by 5.6%, marking the company's 12th consecutive year with an increased payout to shareholders.
The Thousand Oaks, Calif.-based pharmaceutical company said Tuesday it would pay a first-quarter dividend of $2.25 a share, up from a previous dividend of $2.13 a share.
The payout, equal to $9 a year, represents an annual yield of 3.3% based on the Tuesday closing price of $273.99 a share.
Amgen said the dividend was payable March 7 to shareholders of record Feb. 16.
Amgen said despite its regular dividend raises, it still continues to invest in innovation and deleveraging its balance sheet.
The company last lifted its payout a year ago, when it increased its dividend to $2.13 from $1.94.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 12, 2023 16:26 ET (21:26 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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