Can a biotechnology company pay a generous dividend in 2024? The answer is definitely yes, as (NASDAQ: AMGN) is evidently unafraid to reward its loyal shareholders with quarterly cash payments.

Just as importantly, Amgen is a recent revenue grower with a diversified pipeline of current and proposed products. So, here's the skinny on how much investors might expect from Amgen's upcoming dividend distributions.

Currently, Amgen pays $2.25 per share in dividends every quarter. Assuming no dividend cuts, investors can reasonably assume a forward annual dividend payment of $9 per share.

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Source Fool.com