Gilead Sciences Boosts Dividend for Tenth Consecutive Year

Published 3 hours agoGILD

Gilead Sciences Boosts Dividend for Tenth Consecutive Year

Gilead Sciences has announced a quarterly dividend of $0.79 per share for the second quarter of 2025. The dividend will be payable on June 25, 2025, to shareholders recorded by June 11, 2025. This move marks an increase of 2.6% from previous dividends, continuing the company's decade-long trend of annual dividend hikes.

The decision to raise the dividend underscores Gilead's confidence in its robust financial standing. Recently, the company reported strong earnings that exceeded analyst predictions, contributing to its reputation for financial stability. Such consistent performance has allowed Gilead to enhance shareholder returns through dividends.

In a statement regarding the dividend increase, Gilead Sciences highlighted its steadfast commitment to returning value to its shareholders. The board of directors maintains the flexibility to assess and declare future dividends, pointing to Gilead's strategic focus on leveraging its solid financial position to benefit its investors, as reported by Insider Monkey.

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