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West Announces Second-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 second-quarter 2024 dividend of $0.20 per share, to be paid on May 1, 2024. Shareholders of record as of April 24, 2024, will be eligible for this dividend. The company continues to demonstrate strong financial performance, generating $2.95 billion in net sales in its fiscal year 2023, and operates globally with 10,000 team members across 50 sites. West is recognized for its innovative solutions in injectable drug administration.
Price reaction · baseline $362.05 (2024-02-16 close) · hit after-hours · clean, no other WST news in the window
day 0 close · peak
-3.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Announcement of a dividend payout, indicating financial health.
  • Company's strong market position with innovative solutions for drug administration.
  • Successful generation of $2.95 billion in net sales in fiscal year 2023.

Full Press Release Details

EXTON, Pa. , Feb. 20, 2024 /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 second-quarter 2024 dividend of $0.20 per share. The dividend will be paid on May 1, 2024 , to shareholders of record as of April 24, 2024 .
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 48 billion components and devices each year.
Headquartered in Exton, Pennsylvania , West in its fiscal year 2023 generated $2.95 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.

Frequently Asked Questions

When will West Pharmaceutical Services pay its next dividend?

The next dividend will be paid on May 1, 2024.

What is the amount of the upcoming dividend per share?

The upcoming dividend is $0.20 per share.

Who qualifies for the dividend payment?

Shareholders of record as of April 24, 2024, will qualify.

What was West's net sales in fiscal year 2023?

West generated $2.95 billion in net sales in fiscal year 2023.

Where is West Pharmaceutical Services headquartered?

West Pharmaceutical Services is headquartered in Exton, Pennsylvania.

Last updated: Feb 20, 2024