Wednesday, February 8, 2017

Dividend Increase – Gilead Sciences (GILD)


Yesterday the board of directors of Gilead Sciences announced a dividend increase of from $ 0.47 to $ 0.52 per share that’s payable March 30, 2017 to holders of record March 16, 2017. This represents a 10.64% increase to regular quarterly dividends.  

With current price $ 73.13 (yesterday's close), this raise brings their dividend yield to 2.84%. 

Since I own 35 shares this will increase my yearly net dividends by $ 5.22.

That increase rises my YOC to 2.71% 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!

3 comments:

  1. AnonymousFebruary 8, 2017 at 5:57 PM

    Today -10 %, could you explain why and if we have to worry about it

    ReplyDelete
    Replies
    1. DividendHawkFebruary 8, 2017 at 6:10 PM

      Hi, bad fourth quarter results, bad full year 2017 guidance, always need to be worried!

      Cheers,
      DH

      Delete
  2. A Frugal Family's JourneyFebruary 8, 2017 at 10:13 PM

    And can be grabbed at a 10% discount after today's dip! There is a tough road ahead but I like the upside here given that the company is flushed with cash. They just need to spend it and acquire more income producing assets. Easier said that done I gues. ;) AFFJ

    ReplyDelete