Royalty Pharma Declares Fourth Quarter 2022 Dividend
The board of directors of Royalty Pharma plc (RPRX) has declared a fourth quarter 2022 dividend of $0.19 per Class A ordinary share. This dividend will be disbursed on December 15, 2022, to shareholders who are on record by the close of business on November 18, 2022. Royalty Pharma, founded in 1996, is a significant player in the biopharmaceutical industry, known for acquiring royalties and funding innovations aimed at advancing treatments. The company boasts a diverse portfolio, which includes royalties from over 35 leading therapies.
- Payment of a $0.19 dividend indicates strong cash flow and confidence in future earnings.
- The company's diversified portfolio includes royalties on over 35 commercial products, showcasing its robust business model.
- None.
NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) -- The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the fourth quarter of 2022 of
The dividend will be paid on December 15, 2022, to shareholders of record at the close of business on November 18, 2022.
About Royalty Pharma
Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and non-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly - directly when it partners with companies to co-fund late-stage clinical trials and new product launches in exchange for future royalties, and indirectly when it acquires existing royalties from the original innovators. Royalty Pharma’s current portfolio includes royalties on more than 35 commercial products, including Vertex’s Trikafta, Kalydeco, Orkambi and Symdeko, Biogen’s Tysabri, AbbVie and Johnson & Johnson’s Imbruvica, Astellas and Pfizer’s Xtandi, GSK’s Trelegy, Novartis’ Promacta, Biohaven and Pfizer’s Nurtec ODT, Johnson & Johnson’s Tremfya, Roche’s Evrysdi, Gilead’s Trodelvy, and 12 development-stage product candidates. For more information, visit www.royaltypharma.com.
Royalty Pharma Investor Relations and Communications
+1 (212) 883-6772
ir@royaltypharma.com
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