Royalty Pharma Declares Second Quarter 2022 Dividend

Rhea-AI Summary

Royalty Pharma has announced a dividend payment of $0.19 per Class A ordinary share for the second quarter of 2022.

The payment will occur on June 15, 2022, for shareholders on record by May 20, 2022. This reflects Royalty Pharma's ongoing commitment to return value to shareholders, supported by its robust portfolio of royalties from various leading biopharmaceutical products.

Positive

• Dividend announced of $0.19 per share for Q2 2022.
• Dividend payment reflects strong cash flow and commitment to shareholders.

Negative

• None.

NEW YORK, April 18, 2022 (GLOBE NEWSWIRE) --  The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the second quarter of 2022 of $0.19 per Class A ordinary share.

The dividend will be paid on June 15, 2022, to shareholders of record at the close of business on May 20, 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 AbbVie and Johnson & Johnson’s Imbruvica, Johnson & Johnsons’ Tremfya, Astellas’ and Pfizer’s Xtandi, Biogen’s Tysabri, Gilead’s Trodelvy, Merck’s Januvia, Novartis’ Promacta, Vertex’s Kalydeco, Orkambi, Symdeko and Trikafta, and ten development-stage product candidates. For more information, visit www.royaltypharma.com.

Royalty Pharma Investor Relations and Communications

+1 (212) 883-6772
ir@royaltypharma.com

FAQ

What is the dividend amount for Royalty Pharma in Q2 2022?

Royalty Pharma has announced a dividend of $0.19 per Class A ordinary share for Q2 2022.

When will the dividend be paid for Royalty Pharma stock?

The dividend will be paid on June 15, 2022.

What is the record date for Royalty Pharma's dividend?

The record date for the dividend is May 20, 2022.

How does Royalty Pharma generate income for its shareholders?

Royalty Pharma generates income through its portfolio of royalties from leading biopharmaceutical products.