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West Announces First-Quarter 2024 Dividend West Pharmaceutical Services, Inc. (NYSE: WST), a global leader in innovative solutions for injectable drug administration, announced today that the...

Key Takeaway: West Pharmaceutical Services, Inc. has announced a first-quarter 2024 dividend of $0.20 per share, which will be paid on February 7, 2024, to shareholders recorded by January 31, 2024. This decision reflects the company's strong financial position and commitment to returning value to its shareholders. The announcement also highlights West's ongoing role in the healthcare sector as a leader in injectable drug administration. Celebrating a century of innovation, West continues to supply vital components and services to the pharmaceutical industry.

Market Sentiment Analysis

POSITIVE FACTORS

  • Declaration of a dividend indicates strong financial health.
  • Company's continuous innovation supports drug developers.
  • Longevity and stability in the market as it celebrates 100 years.

Full Press Release Details

EXTON, Pa. , Dec. 6, 2023 /PRNewswire/ -- West Pharmaceutical Services, Inc. (NYSE: WST ), a global leader in innovative solutions for injectable drug administration, announced today that the Company's Board of Directors has approved a first-quarter 2024 dividend of $0.20 per share. The dividend will be paid on February 7, 2024 , to shareholders of record as of January 31, 2024 .
About West West Pharmaceutical Services, Inc. is a leading provider of innovative, high-quality injectable solutions and services. As a trusted partner to established and emerging drug developers, West helps ensure the safe, effective containment and delivery of life-saving and life-enhancing medicines for patients. With 10,000 team members across 50 sites worldwide, West helps support our customers by delivering approximately 47 billion components and devices each year.
2023 marks West's 100-year milestone of innovation and the critical role it continues to play in healthcare and the patient experience. Headquartered in Exton, Pennsylvania , West in its fiscal year 2022 generated $2.89 billion in net sales. West is traded on the New York Stock Exchange (NYSE: WST ) and is included on the Standard & Poor's 500 index. For more information, visit www.westpharma.com .
All trademarks and registered trademarks used in this release are the property of West Pharmaceutical Services, Inc. or its subsidiaries, in the United States and other jurisdictions, unless otherwise noted.
SOURCE West Pharmaceutical Services, Inc.

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Frequently Asked Questions

What is the approved dividend for Q1 2024?

$0.20 per share has been approved for the first quarter of 2024.

When will the dividend be paid to shareholders?

The dividend will be paid on February 7, 2024.

Who will receive the 2024 dividend?

Shareholders of record as of January 31, 2024, will receive the dividend.

What does West Pharmaceutical Services do?

West provides innovative solutions for injectable drug administration.

How many team members does West have?

West has approximately 10,000 team members across 50 locations worldwide.

Last updated: Dec 6, 2023