Amgen increases dividend to $1 per share

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By Staff Report / Tuesday, December 15th, 2015 / Comments Off on Amgen increases dividend to $1 per share

Amgen increased its yearly dividend 27 percent this year to $1 per share.

Previously, the dividend had been 79 cents per share for the Thousand Oaks-based biotech giant. Shares jumped after news of the 27-cent dividend broke. The announcement was made just after the markets closed at 1:11 p.m.

Amgen closed the trading day up $4.51 to $162.62. Shares jumped 63 cents in after-hours trading to $163.25. The $1 dividend will be paid on March 8, 2016 to all shareholders at the close of business on Feb. 16, 2016.

• Contact Philip Joens at pjoens@pacbiztimes.com.