Allergan (AGN) Declares $0.70 Quarterly Dividend, Approves $0.72 Quarterly Dividend for 2018

October 27, 2017 8:03 AM EDT

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Allergan (NYSE: AGN) declared a quarterly dividend of $0.70 per share, or $2.8 annualized.

The dividend will be payable on December 15, 2017, to stockholders of record on November 17, 2017, with an ex-dividend date of November 16, 2017.

The annual yield on the dividend is 1.6 percent.

The Company also announced that its Board of Directors has approved an increase to its quarterly cash dividend for 2018 to $0.72 per ordinary share.

"Following authorization of our new $2 billion share repurchase program in September, today's board approval to increase Allergan quarterly cash dividend for 2018 underscores our confidence in our long-term business outlook and strong cash flows. We expect to continue to increase our dividend on an annual basis," said Brent Saunders, Chairman and CEO of Allergan.

For a dividend history and other dividend-related data on Allergan (AGN) click here.

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