The Lemon Fool

AstraZeneca announced today that the Board intends to increase the annualised dividend for 2024 by $0.20 to $3.10 per share, underlining the company's confidence in its performance and cash generation. This takes into account other capital allocation priorities as well as previously announced acquisitions and business development.

Michel Demaré, Chair, AstraZeneca said: "The Board is delighted to announce a 7% increase to the dividend, taking it to $3.10 per share. This uplift is in line with our progressive dividend policy, which remains unchanged, and reflects the continuing strength of AstraZeneca's investment proposition for shareholders."

No changes are planned to the Company's normal dividend payment timetable, which is:

· First interim dividend - announced with half-year results and paid in September.

· Second interim dividend - announced with full-year results and paid in March.

The Board also reaffirms its commitment to AstraZeneca's progressive dividend policy.

kempiejon wrote:way back in 2011 the dividend was 280.00¢ then, joy of joy, 10 years later in 2021 the dividend is up to 287.00¢, let the good times roll and as the very next 290.00¢ so over the past 14 years we have seen dividends up by less than half a percent, not annually in aggregate but in totality. 10¢ in the past decade. Throughout the board tell us how important the progressive dividends are.
No wonder there's an RNS for the first inflation beating or what I'd call progressive dividend in 13 years.

GrahamPlatt wrote:You could’ve bought GSK instead…

kempiejon wrote:way back in 2011 the dividend was 280.00¢ then, joy of joy, 10 years later in 2021 the dividend is up to 287.00¢, let the good times roll and as the very next 290.00¢ so over the past 14 years we have seen dividends up by less than half a percent, not annually in aggregate but in totality. 10¢ in the past decade. Throughout the board tell us how important the progressive dividends are.
No wonder there's an RNS for the first inflation beating or what I'd call progressive dividend in 13 years.

Year End  | GBP Div'd | 1 Year | 3 Years | 5 Years | 10 Years | 20 Years
31-Dec-23 | 227.8000  | -4.77% |   3.24% |   1.14% |    2.61% |    8.41%
31-Dec-22 | 239.2000  | 13.85% |   3.09% |   3.39% |    2.96% |    8.93%
31-Dec-21 | 210.1000  |  1.50% |  -0.80% |  -0.82% |    1.82% |    7.52%
31-Dec-20 | 207.0000  | -5.18% |   0.74% |   1.89% |    2.51% |    7.65%
31-Dec-19 | 218.3000  |  1.44% |  -0.09% |   4.15% |    4.44% |         
31-Dec-18 | 215.2000  |  6.27% |   4.51% |   4.10% |    4.96% |         
31-Dec-17 | 202.5000  | -7.49% |   4.37% |   2.54% |    8.09% |         
31-Dec-16 | 218.9000  | 16.13% |   7.54% |   4.52% |    9.34% |         
31-Dec-15 | 188.5000  |  5.84% |   1.81% |   3.13% |    9.85% |         
31-Dec-14 | 178.1000  |  1.19% |   0.49% |   4.72% |   13.48% |         
31-Dec-13 | 176.0000  | -1.46% |   2.89% |   5.83% |   14.54% |         
31-Dec-12 | 178.6000  |  1.77% |   8.10% |  13.94% |   15.25% |         
31-Dec-11 | 175.5000  |  8.60% |   9.79% |  14.39% |   13.54% |