Is Amgen's Dividend Safe?
(NASDAQ: AMGN) is a global leader in biotechnology, with a market capitalization of over $121 billion. The company has a proven track record of developing breakthrough therapies for challenging diseases and has been rewarding its shareholders with dividends since 2011.
Amgen's dividend has grown by a remarkable 353% over the past 10 years, reaching $2.13 per share in the first quarter of 2023. The company's annualized dividend yield is currently 3.8%, which is among the highest within the large-cap biotech space. As a result, Amgen has become a top dividend stock for many individual and institutional investors.
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Source Fool.com
Amgen Inc. Stock
With 28 Buy predictions and not a single Sell prediction Amgen Inc. is an absolute favorite of our community.
At the moment Amgen Inc. has reached the predicted target price of 304 €, with a current price of 301.25 €.