Royalty Pharma Declares Third Quarter 2024 Dividend

Rhea-AI Summary

Royalty Pharma plc (Nasdaq: RPRX) has announced its dividend for the third quarter of 2024. The company's board of directors has approved a payment of $0.21 per Class A ordinary share. This dividend will be distributed on September 13, 2024, to shareholders who are on record as of the close of business on August 16, 2024. This announcement provides investors with information about the company's ongoing commitment to returning value to shareholders through regular dividend payments.

Positive

• Consistent dividend payment indicates financial stability
• Dividend of $0.21 per share provides income for investors

Negative

• None.

NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the third quarter of 2024 of $0.21 per Class A ordinary share.

The dividend will be paid on September 13, 2024, to shareholders of record at the close of business on August 16, 2024.

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, GSK’s Trelegy, Roche’s Evrysdi, Johnson & Johnson’s Tremfya, Biogen’s Tysabri and Spinraza, AbbVie and Johnson & Johnson’s Imbruvica, Astellas and Pfizer’s Xtandi, Novartis’ Promacta, Pfizer’s Nurtec ODT and Gilead’s Trodelvy, and 17 development-stage product candidates. For more information, visit www.royaltypharma.com.     

Royalty Pharma Investor Relations and Communications

+1 (212) 883-6637
ir@royaltypharma.com

FAQ

What is the dividend amount for Royalty Pharma (RPRX) for Q3 2024?

Royalty Pharma (RPRX) has declared a dividend of $0.21 per Class A ordinary share for the third quarter of 2024.

When will Royalty Pharma (RPRX) pay its Q3 2024 dividend?

Royalty Pharma (RPRX) will pay its third quarter 2024 dividend on September 13, 2024.

What is the record date for Royalty Pharma's (RPRX) Q3 2024 dividend?

The record date for Royalty Pharma's (RPRX) third quarter 2024 dividend is August 16, 2024, at the close of business.

Has Royalty Pharma (RPRX) changed its dividend amount for Q3 2024?

The press release does not indicate any change in the dividend amount. Royalty Pharma (RPRX) has declared a dividend of $0.21 per Class A ordinary share for Q3 2024.