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A Look at the Dividends Paid by Pharma Stocks in 2018

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Pharmaceutical stocks’ dividends

In this article, we’ll discuss the details of the dividends paid by pharmaceutical stocks Eli Lilly and Company (LLY), Pfizer (PFE), Merck & Co. (MRK), Allergan (AGN), and GlaxoSmithKline (GSK).

The chart above compares the dividends paid by these companies YTD (year-to-date).

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Eli Lilly

Eli Lilly has announced the following interim dividends YTD:

  • a Q1 2018 interim dividend of $0.5625 announced on December 11, 2017
  • a Q2 2018 interim dividend of $0.5625 announced on May 8, 2018
  • a Q3 2018 interim dividend of $0.5625 announced on June 18, 2018

The dividend yield for Eli Lilly is 2.11%.

Pfizer

Pfizer has announced the following interim dividends YTD:

  • a Q1 2018 interim dividend of $0.34 announced on December 18, 2017
  • a Q2 2018 interim dividend of $0.34 announced on April 26, 2018
  • a Q3 2018 interim dividend of $0.34 announced on June 28, 2018

The dividend yield for Pfizer is 3.17%.

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Merck & Co.

Merck & Co. has announced the following interim and final dividends YTD:

  • a Q2 2018 interim dividend of $0.48 announced on January 23, 2018
  • a Q3 2018 interim dividend of $0.48 announced on May 22, 2018
  • a Q4 2018 final dividend of $0.48 announced on July 24, 2018

The dividend yield for Merck & Co. is 2.71%.

Allergan

Allergan has announced the following interim dividends YTD:

  • a Q1 2018 interim dividend of $0.72 announced on February 9, 2017
  • a Q2 2018 interim dividend of $0.72 announced on May 3, 2018
  • a Q3 2018 interim dividend of $0.72 announced on July 30, 2018

The dividend yield for Allergan is 1.52%.

GlaxoSmithKline

GlaxoSmithKline’s ADR (American depositary receipt) has announced the following interim dividends YTD:

  • a Q4 2017 interim dividend of ~$0.65 announced on February 8, 2018
  • a Q1 2018 interim dividend of ~$0.50 announced on April 26, 2018
  • a Q2 2018 interim dividend of ~$0.50 announced on July 25, 2018

The dividend yield for GlaxoSmithKline is 5.49%.

The Invesco Dynamic Pharmaceuticals ETF (PJP) holds 5.6% of its total investments in Eli Lilly, 5.1% in Pfizer, 5.1% in Merck & Co., and 3.0% in Allergan.

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