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.