By the end of today, September 28, 2023, Gilead Sciences GILD is set to deliver a dividend payout of $0.75 per share, equating to an annualized dividend yield of 3.96%. The company's dividend payout went ex-dividend on September 14, 2023, so only the investors that owned the stock prior to the ex-dividend date will receive this payout.
Gilead Sciences Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-14 | 4 | $0.75 | 3.96% | 2023-08-03 | 2023-09-15 | 2023-09-28 |
| 2023-06-14 | 4 | $0.75 | 3.58% | 2023-04-27 | 2023-06-15 | 2023-06-29 |
| 2023-03-14 | 4 | $0.75 | 3.57% | 2023-02-02 | 2023-03-15 | 2023-03-30 |
| 2022-12-14 | 4 | $0.73 | 4.12% | 2022-10-27 | 2022-12-15 | 2022-12-29 |
| 2022-09-14 | 4 | $0.73 | 4.9% | 2022-08-02 | 2022-09-15 | 2022-09-29 |
| 2022-06-14 | 4 | $0.73 | 4.74% | 2022-04-28 | 2022-06-15 | 2022-06-29 |
| 2022-03-14 | 4 | $0.73 | 4.25% | 2022-02-01 | 2022-03-15 | 2022-03-30 |
| 2021-12-14 | 4 | $0.71 | 4.25% | 2021-10-28 | 2021-12-15 | 2021-12-30 |
| 2021-09-14 | 4 | $0.71 | 4.05% | 2021-07-29 | 2021-09-15 | 2021-09-29 |
| 2021-06-14 | 4 | $0.71 | 4.41% | 2021-04-29 | 2021-06-15 | 2021-06-29 |
| 2021-03-12 | 4 | $0.71 | 4.4% | 2021-02-04 | 2021-03-15 | 2021-03-30 |
| 2020-12-14 | 4 | $0.68 | 4.53% | 2020-10-28 | 2020-12-15 | 2020-12-30 |
Analyzing Gilead Sciences Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
As you can see, from 2019 to 2022, investors saw an average increase in the company's dividend per share, rising from $2.52 in 2019 to $2.92 in 2022. This is good for investors because it shows that the company has steadily returned more capital back to their shareholders and it could mean that they are planning to continue increasing dividends.
YoY Earnings Growth For Gilead Sciences
From 2019 to 2022, Gilead Sciences experienced a decrease in earnings per share, dropping from $6.77 to $6.29. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
Recap
This article takes an in-depth look at Gilead Sciences's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.75 per share today, translating to an annualized dividend yield of 3.96%.
With dividend per share increasing and earnings per share decreasing from 2019 to 2022, Gilead Sciences seems to be emphasizing the distribution of profits to investors despite the decline in profitability.
It is essential for investors to closely track the company's performance in the coming quarters to remain updated regarding any alterations in financials or dividend disbursements.
[See current stock movements Gilead Sciences on Benzinga.](https://www.benzinga.com/quote/Gilead Sciences (NASDAQ: GILD))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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