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Perrigo Increases its Quarterly Dividend Perrigo Company plc (NYSE: PRGO), a leading global provider of Consumer Self-Care Products, today announced that its Board of Directors approved a 5% ...

Key Takeaway: Perrigo Company plc (NYSE: PRGO) announced a 5% increase in its quarterly dividend, raising it to $0.273 per share. This marks the company's 20th consecutive year of increasing dividends, demonstrating a strong commitment to returning value to shareholders. The cash dividend will be payable on March 28, 2023, to shareholders of record as of March 10, 2023. The company's forward-looking statements acknowledge potential uncertainties that could affect future results.

Market Sentiment Analysis

POSITIVE FACTORS

  • 5% increase in quarterly dividend reflects strong financial health.
  • 20th consecutive year of dividend growth shows commitment to shareholders.
  • Upcoming dividend payment provides immediate financial return to investors.

Full Press Release Details

DUBLIN , Feb. 21, 2023 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO ), a leading global provider of Consumer Self-Care Products, today announced that its Board of Directors approved a 5% increase in the Company's quarterly dividend to $0.273 per share, or $1.09 per share on an annual basis, up from $0.257 per share. This dividend increase marks the 20 th consecutive year Perrigo has increased its dividend.
The cash dividend is payable on March 28, 2023 , to shareholders of record on March 10, 2023 .
Perrigo Company plc (NYSE: PRGO ) is a leading provider of Consumer Self-Care Products and over-the-counter (OTC) health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. Visit Perrigo online at www.perrigo.com .
Forward-Looking Statements
This press release includes certain "forward-looking statements" within the meaning of the Private Litigation Securities Reform Act of 1995, as amended. Forward-looking statements relate to future events, such as the timing and amount of future dividend payments, and involve known and unknown risks, uncertainties and other factors—many of which beyond the Company's control—that may cause the actual results, performance or achievements of the Company to be materially different from its current expectations, assumptions, estimates and projections. Interested persons are urged to consult the Company's filings with the United States Securities and Exchange Commission, available at https://investor.perrigo.com/sec-filings , for a discussion of the Company's business and financial condition and certain material trends, risks, uncertainties and other factors relating thereto, including those discussed under "Risk Factors" in the Company's Form 10-K for the year ended December 31, 2022 , which the Company expects to file on or about February 28, 2023 .
SOURCE Perrigo Company plc

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Frequently Asked Questions

What is the new quarterly dividend amount for Perrigo Company?

Perrigo Company has increased its quarterly dividend to $0.273 per share.

How long has Perrigo been increasing its dividend?

Perrigo has increased its dividend for 20 consecutive years.

When is the dividend payment date for shareholders?

The dividend is payable on March 28, 2023.

What is Perrigo's focus in the market?

Perrigo is focused on consumer self-care and OTC health solutions.

Where can I find Perrigo's SEC filings?

Perrigo's SEC filings can be found at https://investor.perrigo.com/sec-filings.

Last updated: Feb 21, 2023