AMGN
By Kailyn Rhone
The board of Amgen boosted its quarter dividend by almost 6%.
The Thousand Oaks, Calif.-based biotechnology company said Tuesday that it raised its dividend to $2.38 per share for the first quarter, up from $2.25.
The payout, equal to $9.52 a year, represents an annual yield of 3.45% based on Tuesday's closing price of $275.75.
The dividend is payable on March 7 to shareholders of record at the close of business on Feb. 14.
Write to Kailyn Rhone at kailyn.rhone@wsj.com
(END) Dow Jones Newswires
12-10-24 1715ET