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On 11 April 2024, AstraZeneca PLC announced that its Board intends to increase the annualised dividend for 2024 by $0.20 to $3.10 per share. This represents a 7% increase to the dividend.
| Date | 11 Apr 2024 |
| Time | 07:00:14 |
| Category | Capital structure |
| ID | 1111K |
11 April 2024
AstraZeneca increases 2024 dividend by 7%
AstraZeneca announced today that the Board intends to increase the annualised dividend for 2024 by $0.20 to $3.10 per share, underlining the company's confidence in its performance and cash generation. This takes into account other capital allocation priorities as well as previously announced acquisitions and business development.
Michel Demaré, Chair, AstraZeneca said: "The Board is delighted to announce a 7% increase to the dividend, taking it to $3.10 per share. This uplift is in line with our progressive dividend policy, which remains unchanged, and reflects the continuing strength of AstraZeneca's investment proposition for shareholders."
No changes are planned to the Company's normal dividend payment timetable, which is:
· First interim dividend - announced with half-year results and paid in September.
· Second interim dividend - announced with full-year results and paid in March.
The Board also reaffirms its commitment to AstraZeneca's progressive dividend policy.
AstraZeneca (LSE/STO/Nasdaq: AZN) is a global, science-led biopharmaceutical company that focuses on the discovery, development, and commercialisation of prescription medicines in Oncology, Rare Diseases, and BioPharmaceuticals, including Cardiovascular, Renal & Metabolism, and Respiratory & Immunology. Based in Cambridge, UK, AstraZeneca operates in over 100 countries and its innovative medicines are used by millions of patients worldwide. Please visit astrazeneca.com and follow the Company on social media @AstraZeneca
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Adrian Kemp
Company Secretary
AstraZeneca PLC