On Tuesday, December 9th, Amgen Inc. (AMGN) announced a quarterly dividend increase from $2.38 to $2.52 per share that’s payable March 6, 2026 to holders of record February 13, 2026. This represents a 5.88% increase over the last quarterly dividend.
At the current price of $325.31 (yesterday's close), this increase will raise AMGN's dividend yield to 3.10%.
Amgen Inc. is a Dividend Contenders with a 15 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 5.6, 8.5, 9.2 and 13.9 (Dividend Champions.xls)
As an owner of 10 shares of AMGN, the recent dividend increase adds $4.17 to my projected annual net dividend income.
This increase was in line with my expectations and I’m happy to take it.
This marks the fourth dividend increase I’ve received from Amgen since initiating my position in January 2022. During that time, the company’s quarterly dividend has increased moderately from $1.94 to $2.52 per share — a cumulative increase of 29.9%.
As of this writing, AMGN represents approximately 0.35% of my portfolio by weight and contributes around 0.27% to my projected annual dividend income.
Following this increase, my yield on cost is 4.44%.
Summary of 2025 Dividend Increases / Cuts
Click here to see my portfolio holdings.
You can follow the development of my dividends here.
Full Disclosure: Long AMGN
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