West Announces Third-Quarter Dividend and Participation in Upcoming Investor Conference

Rhea-AI Summary

West Pharmaceutical Services has declared a third-quarter 2021 dividend of $0.17 per share, scheduled for payment on August 4, 2021, to shareholders recorded as of July 21, 2021. This dividend reflects the company's ongoing commitment to return value to its shareholders. Additionally, management will present a business overview at the Bank of America Securities 2021 Healthcare Conference on May 11, 2021, at 2:45 p.m. EDT. West generated over $2.15 billion in sales in fiscal year 2020.

Positive

• Declared a dividend of $0.17 per share, enhancing shareholder returns.
• Participation in the Bank of America Securities 2021 Healthcare Conference indicates active investor engagement.

Negative

• None.

EXTON, Pa., May 5, 2021 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, announced today that the Company's Board of Directors has approved a third-quarter 2021 dividend of $0.17 per share. The dividend will be paid on August 4, 2021, to shareholders of record as of July 21, 2021.

The Company also announced that management will present an overview of the business for investors at the upcoming Bank of America Securities 2021 Healthcare Conference taking place virtually on Tuesday, May 11, 2021 at 2:45 p.m. EDT.

A live audio webcast of the presentation and a copy of the presentation materials will be accessible from the Company's website at www.westpharma.com/en/investors.

About West

West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With almost 10,000 team members across 50 sites worldwide, West helps support our customers by delivering over 40 billion components and devices each year.

Headquartered in Exton, Pennsylvania, and in business for nearly a century, West in its fiscal year 2020 generated over $2.15 billion in sales. West is traded on the New York Stock Exchange (NYSE: WST) and is included on the Standard & Poor's 500 index. For more information, visit https://www.westpharma.com/.

All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted.

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SOURCE West Pharmaceutical Services, Inc.

FAQ

What is the dividend amount declared by WST for the third quarter of 2021?

West Pharmaceutical Services declared a dividend of $0.17 per share for the third quarter of 2021.

When will the dividend be paid to shareholders of WST?

The dividend will be paid on August 4, 2021.

What is the record date for the WST dividend?

The record date for the dividend is July 21, 2021.

When is WST presenting at the Bank of America Securities Healthcare Conference?

West Pharmaceutical will present on May 11, 2021, at 2:45 p.m. EDT.

How much revenue did WST generate in fiscal year 2020?

West Pharmaceutical generated over $2.15 billion in sales in fiscal year 2020.