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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 300.30 | 301.42 | 302.54 | 12 | 10:44:09 |
By Tess Stynes
Amgen Inc. (AMGN) said its board approved a 27% increase in the biotechnology company's quarterly dividend.
The Thousand Oaks, Calif., company's shares rose 1% to $164.24 in recent after-hours trading. Through Tuesday's close, the stock has risen 2.1% this year.
The quarterly payout to shareholders increases to $1 a share from 79 cents a share, to yield 2.5%. The raised dividend is payable to shareholders of record as of Feb. 16.
Amgen in October raised its 2015 guidance as the company reported that third-quarter earnings rose 50% on stronger revenue led by Enbrel and other key drugs.
Write to Tess Stynes at tess.stynes@wsj.com
(END) Dow Jones Newswires
December 15, 2015 16:30 ET (21:30 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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