The new dividend payout is scheduled for November 18 to shareholders recorded by November 11. Based on the company’s recent closing stock price of $385.28, the adjusted annual dividend of $1.04 per share results in a yield of 0.2 percent. West Pharmaceutical Services specializes in the design and production of injectable drug delivery systems and healthcare-focused components, maintaining a consistent track record of annual dividend growth spanning over three decades.
West Pharmaceutical Services Boosts Dividend to 26 Cents
Shareholders of West Pharmaceutical Services will see a 26-cent quarterly dividend payment this November, as the medical device manufacturer marks its 34th consecutive year of payout increases. The board’s decision lifts the previous rate of 22 cents by 18 percent, reflecting a sustained commitment to returning capital to investors.
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