Royalty Pharma's latest quarterly dividend was on May 18, 2023 (ex-date) with a payout of $0.2 per share. On an annualized basis, the company has a current payout of $0.78 per share. This brings the dividend yield to 2.41% based on its recent close price.
Royalty Pharma's dividend yield of 2.41% is higher than the Healthcare sector average. If we compare it with the Healthcare sector average of 1.9%, Royalty Pharma's dividend yield is 27% higher.
Royalty Pharma has been paying dividends since 2020. RPRX has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 8% for the last twelve months. And with the price of the stock down by 22% from a year ago, the dividend yield has an increase of 38%.
|Ex-date||Payment date||Declared on||Amount||Type|
|May 18, 2023||Jun 15, 2023||Apr 17, 2023||$0.2||normal|
|Feb 15, 2023||Mar 15, 2023||Jan 9, 2023||$0.2||normal|
|Nov 17, 2022||Dec 15, 2022||Oct 17, 2022||$0.19||normal|
|Aug 18, 2022||Sep 15, 2022||Jul 15, 2022||$0.19||normal|
|May 19, 2022||Jun 15, 2022||$0.19||normal|
|Feb 17, 2022||Mar 15, 2022||Jan 6, 2022||$0.19||normal|
|Nov 18, 2021||Dec 15, 2021||$0.17||normal|
|Aug 19, 2021||Sep 15, 2021||Jul 16, 2021||$0.17||normal|
|May 19, 2021||Jun 15, 2021||Apr 15, 2021||$0.17||normal|
|Feb 18, 2021||Mar 15, 2021||Jan 8, 2021||$0.17||normal|
|Nov 19, 2020||Dec 15, 2020||Oct 15, 2020||$0.15||normal|
|Sep 14, 2020||Sep 30, 2020||Sep 2, 2020||$0.15||normal|
Royalty Pharma's payout ratio of 105.4% is above the Healthcare sector average. In comparison with its Healthcare sector average of 41.9%, Royalty Pharma's payout ratio is 152% higher.
|Name||Dividend yield||DPS||Payout ratio|
|RPRX Royalty Pharma plc||2.41%||$0.78||105.4%|
|ABT Abbott Laboratories||1.91%||$1.96||59.2%|
|LLY ELI LILLY & Co||0.99%||$4.22||66.9%|
Yes, Royalty Pharma has been paying dividends for the last three years.
At this point we don't have a record of RPRX's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2023.
Royalty Pharma's last dividend ex-date was on May 18, 2023. The dividend amount was $0.2 per share.
RPRX's annualized dividend per share is $0.78.
Royalty Pharma's current dividend yield is 2.41%.
Royalty Pharma pays four dividends per year.
The dividend payout ratio of Royalty Pharma is 105.4%.
Royalty Pharma's dividend yield is more than the Healthcare sector average.