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RPRX Royalty Pharma dividend history, payout ratio & dates

  1. Stocks
  2. Healthcare
  3. NASDAQ: RPRX
  4. Dividend

Royalty Pharma's latest quarterly dividend was on Feb 15, 2024 (ex-date) with a payout of $0.21 per share. On an annualized basis, the company has a current payout of $0.81 per share. This brings the dividend yield to 2.88% based on its recent close price. The latest dividend has an increase of $0.01, or 5% from the prior distribution.

Key dates

  • RPRX last dividend date: Feb 15, 2024
  • RPRX next dividend date: May 16, 2024
Peer dividends: ABT LLY
RPRX dividend stats
DPS
$0.81
Dividend yield
2.88%
Payout ratio
31.9%
vs. Healthcare sector
Dividend yield
1.91%
Payout ratio
35.5%

Dividend yield

What is Royalty Pharma current dividend yield

Royalty Pharma's dividend yield of 2.88% is higher than the Healthcare sector average. If we compare it with the Healthcare sector average of 1.91%, Royalty Pharma's dividend yield is 51% higher.

Dividend history

What is RPRX dividend payout history and dates

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 5% 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 36%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Feb 15, 2024 Mar 15, 2024 Jan 19, 2024 $0.21 normal
Nov 16, 2023 Dec 15, 2023 Oct 16, 2023 $0.2 normal
Aug 17, 2023 Sep 15, 2023 Jul 17, 2023 $0.2 normal
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 dividend payout ratio

What is Royalty Pharma dividend payout ratio compared to the sector

Payout ratio

Royalty Pharma's payout ratio of 31.9% is below the Healthcare sector average. In comparison with its Healthcare sector average of 35.5%, Royalty Pharma's payout ratio is 10% lower.

Total amount of dividends paid per financial year (from cash flow)

RPRX dividend vs peer dividends

How does RPRX dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
RPRX Royalty Pharma plc 2.88% $0.81 31.9%
ABT Abbott Laboratories 1.98% $2.12 64.6%
LLY ELI LILLY & Co 0.65% $4.69 80.6%

Frequently asked questions

Does Royalty Pharma pay a dividend?

Yes, Royalty Pharma has been paying dividends for the last four years.

When is Royalty Pharma's next dividend?

RPRX's next dividend is scheduled on May 16, 2024 (ex-date).

When was RPRX's last dividend?

Royalty Pharma's last dividend ex-date was on Feb 15, 2024. The dividend amount was $0.21 per share.

How much dividend does Royalty Pharma pay (per share)?

RPRX's annualized dividend per share is $0.81.

What is Royalty Pharma's dividend yield?

Royalty Pharma's current dividend yield is 2.88%.

How often does Royalty Pharma pay dividends?

Royalty Pharma pays four dividends per year.

What is Royalty Pharma's dividend payout ratio?

The dividend payout ratio of Royalty Pharma is 31.9%.

Does Royalty Pharma pay a good dividend?

Royalty Pharma's dividend yield is more than the Healthcare sector average.