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MedEdge MEA > News > AstraZeneca increases 2024 dividend by 7%
News

AstraZeneca increases 2024 dividend by 7%

ME Desk
ME Desk
Published: April 13, 2024
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AstraZeneca increases 2024 dividend by 7%
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April 11 2024- AstraZeneca announced that the Board intends to increase the annualised dividend for 2024 by $0.20 to $3.10 per share, underlining the companyโ€™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 Demarรฉ, Chair, AstraZeneca said: โ€œThe 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 AstraZenecaโ€™s investment proposition for shareholders.โ€

Also Read: AstraZeneca to acquire Fusion Pharmaceuticals


The Company does not plan to make any changes to its normal dividend payment timetable, which is:
First interim dividend โ€“ announced with half-year results and paid in September.
Second interim dividend โ€“ announced with full-year results and paid in March.
The Board also reaffirms its commitment to AstraZenecaโ€™s progressive dividend policy.

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