Dividend Increase – Gilead Sciences, Inc. (GILD)

Yesterday, February 4, the Board of Directors of Gilead Sciences, Inc. announced a quarterly dividend increase from $ 0.63 to $ 0.68 per share that’s payable March 30, 2020 to holders of record March 13, 2020. This represents a 7.94% increase to the last quarterly dividend.

With current price $ 67.40 (yesterday's close), this raise brings their dividend yield to 4.04 %.

Since I own 40 shares of GILD, this will increase my portfolio's projected annual net dividend income by $ 5.96.

This increase raises my YOC to 4.34%.

Summary of 2020 Dividend Increases / Cuts

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long GILD

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