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

Key Takeaway: Perrigo Company plc has announced a 5% increase in its quarterly dividend, bringing it to $0.290 per share, or $1.16 annually. This marks the company's 22nd consecutive year of raising its dividend, demonstrating its commitment to returning value to shareholders. The dividend payment is scheduled for March 25, 2025, to shareholders on record as of March 7, 2025. The announcement highlights Perrigo's ongoing financial stability in the consumer self-care sector.
Price reaction · baseline $24.14 (2025-02-18 close) · hit after-hours · clean, no other PRGO news in the window
day 0 close · peak
+2.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Perrigo has increased its quarterly dividend by 5%.
  • This marks the 22nd consecutive year of dividend increases.
  • The new dividend of $0.290 per share reflects consistent financial performance.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+26%
120-day peak, hindsight
Typical move
1.3%
average across 3 past catalysts
Lead asset
Norgestrel
Phase 3 · Contraception

Full Press Release Details

DUBLIN , Feb. 19, 2025 /PRNewswire/ -- Perrigo Company plc (NYSE: PRGO ), a leading global provider of Consumer Self-Care Products, today announced that its Board of Directors has approved a 5% increase in the Company's quarterly dividend to $0.290 per share, or $1.16 per share on an annual basis, up from $0.276 per share. This marks the 22 nd consecutive year Perrigo has increased its dividend.
The cash dividend is payable on March 25, 2025 , to shareholders of record on March 7, 2025 .
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, 2023 .
Perrigo Contact

Frequently Asked Questions

What is the new quarterly dividend amount for Perrigo?

Perrigo's new quarterly dividend is $0.290 per share.

When will the dividend be payable to shareholders?

The dividend will be payable on March 25, 2025.

How many consecutive years has Perrigo increased its dividend?

Perrigo has raised its dividend for 22 consecutive years.

Who should I contact for investor relations at Perrigo?

For inquiries, contact Bradley Joseph or Nicholas Gallagher.

Where can I find Perrigo's SEC filings?

Perrigo's SEC filings are available on their investor website.

Last updated: Feb 19, 2025