Friday, June 24, 2016

Recent Buy - Gilead Sciences Inc. (GILD)

Today on 24th June I Bought 20 shares of  Gilead Sciences Inc. at $ 79.89 per share plus commission.




Gilead Sciences, Inc., a research-based biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical needs in North America, South America, Europe, and the Asia-Pacific. The company’s products include Genvoya, Stribild, Complera/Eviplera, Atripla, Truvada, Viread, Emtriva, Tybost, and Vitekta for the treatment of human immunodeficiency virus (HIV) infection in adults; and Harvoni, Sovaldi, Viread, and Hepsera products for the treatment of liver diseases. It also offers Zydelig, a PI3K delta inhibitor, in combination with rituximab, for the treatment of certain blood cancers; Letairis, an endothelin receptor antagonist for the treatment of pulmonary arterial hypertension; Ranexa, a tablet used for the treatment of chronic angina; Lexiscan/Rapiscan injection for use as a pharmacologic stress agent in radionuclide myocardial perfusion imaging; Cayston, an inhaled antibiotic for the treatment of respiratory systems in cystic fibrosis patients; and Tamiflu, an oral antiviral capsule for the treatment and prevention of influenza A and B. In addition, the company provides other products, such as AmBisome, an antifungal agent to treat serious invasive fungal infections; and Macugen, an anti-angiogenic oligonucleotide to treat neovascular age-related macular degeneration. Further, it has product candidates in various stages of development for the treatment of HIV/AIDS and liver diseases, such as hepatitis B virus and hepatitis C virus; inflammation/oncology; serious cardiovascular; and respiratory conditions, as well as diabetic nephropathy and ebola. The company markets its products through its commercial teams and/or in conjunction with third-party distributors and corporate partners. Gilead Sciences, Inc. has collaboration agreements with Bristol-Myers Squibb Company, Janssen R&D Ireland, Japan Tobacco Inc., and Galapagos NV. The company was founded in 1987 and is headquartered in Foster City, California.



GILD doesn't have any long dividend payment history, because it has paid dividends only 5 quarters and made only 1 dividend increase so far. After the last dividend increase declaration, Gilead Sciences Inc. now pays dividends of $0.47 per share normally in March, June, September and December.



Details of my purchase:


 

Some ratings for GILD:

    Yahoo:  Mean Recommendation 2.1, 1y Target Est $110.89
    Reuters: Mean Rating 2.08
    Morningstar:  (*****


At today's exchange rate, this purchase 20 shares of GILD will increase €25.33 ($28.01) of my expected annual net dividend income and will increase my portfolio's projected annual net dividend income to €9550.00. With purchase price $79.89 plus commission ($5.00) my starting yield on cost is 2.35%.

Click here to see my portfolio.

Full Disclosure: Long GILD  

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