Locator: 50475AMGEN.
The most important lesson about investing? Just do it.
That's it. The most important lesson about investing. Just do it.
I have not looked at Amgen in years. For unknown reasons, I was curious what it was doing today. And then with all the excitement about Intel today, it led to other questions.
This is for the extended family members.
The dot-com bubble was a rapid stock market surge and crash centered on internet-based companies, occurring roughly between 1995 and 2000, wiht the crash continuing until 2002.
In 1998 my dad had the option to begin a position in Intel, which was getting a lot of press at the time, and Amgen. I have no idea how my dad would have even known about Amgen. But he chose Amgen over Intel and the rest is history.
My dad's position appreciated almost 74,000% over that time period and currently pays a nice dividend.
Amgen initiated its regular quarterly quarterly dividend payout in 2011. Following a strategic shift announced in mid-2011, the company began returning capital to shareholders and has increased its dividend annually, positioning it as a consistent dividend payer within the biotechnology sector.
My father would have been 104 years old this year.
When (what year) was Amgen's "turning point"?
