Allergan (AGN) Raises Quarterly Dividend 2.8% to $0.74; 1.9% Yield

January 25, 2019 7:31 AM EST

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Allergan (NYSE: AGN) declared a quarterly dividend of $0.74 per share, or $2.96 annualized. This is a 2.8% increase from the prior dividend of $0.72.

The dividend will be payable on March 15, 2019, to stockholders of record on February 15, 2019, with an ex-dividend date of February 14, 2019.

The annual yield on the dividend is 1.9 percent.

"Allergan's increased dividend for 2019 demonstrates our confidence in our long-term business strategy and our commitment to executing on our capital allocation priorities. We remain committed to increasing our dividend annually," said Brent Saunders, Chairman and CEO of Allergan.

Allergan also announced that its 2019 Annual General Meeting of Shareholders will be held on May 1, 2019 in Dublin, Ireland. The Company's Board of Directors has set the close of business on March 5, 2019 as the record date for determining shareholders eligible to vote at the meeting.

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

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