Gilead Sciences Announces 2.8 Percent Increase in First Quarter 2022 Dividend

Rhea-AI Summary

Gilead Sciences has declared a 2.8% increase in its quarterly cash dividend, raising it to $0.73 per share. The new dividend will take effect in the first quarter of 2022.

Shareholders of record by March 15, 2022 will receive the dividend on March 30, 2022. Future dividends are subject to Board approval, reflecting Gilead’s ongoing commitment to rewarding its investors.

Positive

• 2.8% increase in quarterly cash dividend to $0.73 per share.
• Dividend payable on March 30, 2022, boosting investor income.

Negative

• None.

FOSTER CITY, Calif.--(BUSINESS WIRE)-- Gilead Sciences, Inc. (Nasdaq: GILD) today announced that the company’s Board of Directors has declared an increase of 2.8% in the company’s quarterly cash dividend, beginning in the first quarter of 2022. The increase will result in a quarterly dividend of $0.73 per share of common stock. The dividend is payable on March 30, 2022, to stockholders of record at the close of business on March 15, 2022. Future dividends will be subject to Board approval.

About Gilead Sciences

Gilead Sciences, Inc. is a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, with the goal of creating a healthier world for all people. The company is committed to advancing innovative medicines to prevent and treat life-threatening diseases, including HIV, viral hepatitis and cancer. Gilead operates in more than 35 countries worldwide, with headquarters in Foster City, California.

For more information about Gilead, please visit the company’s website at www.gilead.com, follow Gilead on Twitter (@GileadSciences) or call Gilead Public Affairs at 1-800-GILEAD-5 or 1-650-574-3000.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220131005840/en/

Jacquie Ross, Investors

investor_relations@gilead.com

Source: Gilead Sciences, Inc.

FAQ

What is the new dividend amount for Gilead Sciences in 2022?

The new dividend amount for Gilead Sciences is $0.73 per share.

When is the Gilead Sciences dividend payable?

The Gilead Sciences dividend is payable on March 30, 2022.

What is the record date for Gilead Sciences' dividend?

The record date for Gilead Sciences' dividend is March 15, 2022.

How often does Gilead Sciences pay dividends?

Gilead Sciences typically pays dividends quarterly.

Is the increase in Gilead Sciences dividend sustainable?

Future dividends are subject to Board approval, which means sustainability is evaluated regularly.