Investors in Amgen can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. Per share the analysts are expecting a dividend of 5,49 USD per share. The dividend yield is then 3,03 percent. The average dividend yield of the biotech companies is a moderate 0,5 percent.
Tomorrow Amgen will publish it's past quarters results. Over the current book year the total revenue will be 22,78 billion USD (consensus estimates). This is slightly lower than 2017's revenue of 23,75 billion USD.
The analysts expect for 2018 a net profit of 8,85 billion USD. For this year the consensus of the result per share is a profit of 14,1 USD. The price/earnings-ratio therefore equals 12,87.
Based on the current number of outstanding shares Amgen's market capitalization 131,06 billion USD. The Amgen stock was the past 12 months quite volatile. Since last April the stock is 5 percent higher. This year the stock price moved between 165 and 210 dollar. Since 2008 the stock price is almost 256 percent higher.On Friday the stock closed at 181,47 USD.
ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.