On Tuesday, February 10, 2026, the Board of Directors of Gilead Sciences, Inc. (NASDAQ: GILD) announced a quarterly dividend increase from $0.79 to $0.82 per share. The dividend will be payable on March 30, 2026, to shareholders of record as of March 13, 2026. This represents a 3.80% increase over the prior quarterly dividend.
Current Dividend Yield and Income Impact
At today’s opening price of $154.99, this increase raises GILD’s forward dividend yield to approximately 2.12%.
As an owner of 40 shares of Gilead Sciences, this dividend increase adds $3.58 to my projected annual net dividend income. I was expecting an increase of about 4%, so this result was in line with my expectations.
Long-Term Dividend Growth Track Record
Gilead Sciences is a Dividend Contender with an 11-year streak of dividend increases. According to Dividend Champions data, its dividend growth rates are:
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1-year: 2.6%
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3-year: 2.7%
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5-year: 3.0%
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10-year: 9.4%
This recent dividend increase marks the 10th consecutive raise I’ve received since initiating my position in June 2016. Over that time, the quarterly dividend has grown from $0.47 to $0.82 per share—an increase of approximately 74.5%, reflecting steady, moderate income growth.
At the time of writing, GILD represents about 0.62% of my portfolio and contributes approximately 0.32% of my projected annual dividend income. Following this increase, my yield on cost stands at 5.23%.
Quick Valuation Take
Gilead Sciences appears reasonably valued at current levels. While revenue growth has been somewhat uneven in recent years, the company’s strong cash flow generation and established portfolio of treatments support its long-term investment case.
Dividend Safety and Outlook
The dividend remains well supported by consistent free cash flow and a manageable payout ratio. Gilead continues to prioritize returning capital to shareholders, and its dividend appears secure with modest growth expected going forward.
Final Thoughts
This year’s dividend increase met my expectations and reinforces Gilead’s role as a steady income contributor in my portfolio. While growth is not particularly high, the combination of reliability and yield makes GILD a solid long-term holding.
Summary of 2026 Dividend Increases / Cuts
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Full Disclosure: Long GILD
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