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Wednesday, December 16, 2020

Amgen -- December 16, 2020

I see that Amgen raised its dividend

  • prior: $1.60 (link here)
  • new: $1.76
  • increase: 16 cents / 1.60 = 10% increase
  • share price today: $228.44 (down $2.09)
  • after-hours: $230.27 (up $1.83)
  • $6.40 / $228.44 = 2.8%
  • $7.04 / $230.27 = 3.06%
  • new dividend:
    • record date: 2/15/21
    • payable date: 3/8/21

Amgen is an "expensive" stock but one can buy it "by the slice" through most brokers. 

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

This particular item caught my interest for two reasons:

  • the other day, there was an article that suggested 2021 will be a year for dividend increases and buybacks;
  • a 10% increase in a dividend for an "old" company is quite noteworthy;

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