Amgen Raises Quarterly Dividend 27%
December 15 2015 - 4:45PM
Dow Jones News
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.
Amgen (NASDAQ:AMGN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Amgen (NASDAQ:AMGN)
Historical Stock Chart
From Apr 2023 to Apr 2024
