The American biotech group Amgen Inc. (ISIN: US0311621009, NASDAQ: AMGN) is paying out a quarterly dividend of USD 1.94 for the second quarter of 2022 this Wednesday. Record day was May 17, 2022.
Extrapolated for the year as a whole, 7.76 US dollars will be paid out. This puts the current dividend yield at the current stock market price of 246.41 US dollars (as of June 7, 2022) at 3.15 percent. A dividend was paid out for the first time in September 2011 (0.28 US dollars). Since then, there have been eleven increases in the dividend. In December 2021, Amgen announced its eleventh consecutive dividend increase (+10 percent).
In 1980, a group of young scientists led by entrepreneur George Rathman founded the biotech company Applied Molecular GENetics. Today, Amgen is one of the world’s largest biotechnology companies. Headquarters is in Thousand Oaks, California.
In the first quarter of fiscal 2022, the company had revenue of $6.24 billion (prior year: $5.90 billion), as reported on April 27. Profit (GAAP) was 1.48 billion US dollars (previous year: 1.65 billion US dollars).
The group’s shares have been up 9.53 percent on Wall Street since the beginning of the year (as of June 7, 2022). The market capitalization is currently 131.11 billion US dollars.
Saskia Haaker, Editor at MyDividends.de
Leverage must be between 2 and 20
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