Perrigo Announces Exciting 5% Increase in Quarterly Dividend

Author: Evelyn Baker Updated: 02-19-2025 03:24 PM

Perrigo Raises Quarterly Dividend by 5 Percent

Perrigo Company plc (NYSE: PRGO), a prominent name in the realm of Consumer Self-Care Products, has shared some encouraging news for its investors. The company has officially announced a 5% increase in its quarterly dividend, bringing it to $0.290 per share. This announcement is particularly significant as it reflects Perrigo’s commitment to enhancing shareholder value.

Details of the Dividend Increase

With this new adjustment, shareholders can expect to receive an annual dividend of $1.16 per share, an upgrade from the previous $0.276 per share. This accomplishment marks the 22nd consecutive year that Perrigo has successfully increased its dividend, demonstrating its stability and commitment to its investors.

When Will the Dividend Be Paid?

The cash dividend is set to be payable on March 25, 2025, for shareholders who are on record by March 7, 2025. This timeline ensures that those who choose to invest in Perrigo can benefit from this increased dividend in a timely manner.

About Perrigo

Perrigo Company plc (NYSE: PRGO) stands out as a leading provider of Consumer Self-Care Products and OTC health and wellness solutions. The company is dedicated to empowering consumers to proactively address and manage their health and well-being. Perrigo's diverse range of products is designed to enhance individual wellness by providing solutions that can be self-managed effectively.

Perrigo's Commitment to Quality and Innovation

Perrigo places a strong emphasis on quality and innovation in its product lines. The company continually evolves its offerings to meet the changing needs of consumers. As a result, consumers can feel confident that they are choosing products that align with their health and wellness goals.

How to Stay Updated on Perrigo

For those interested in learning more about Perrigo’s latest developments, the company has a robust online presence. This allows investors and consumers alike to stay informed about new products, corporate announcements, and more. Approaching your health and wellness with Perrigo means having access to reliable resources and information.

Frequently Asked Questions

What is the new quarterly dividend amount declared by Perrigo?

The new quarterly dividend is $0.290 per share, reflecting a 5% increase from the previous amount.

How many years has Perrigo increased its dividend consecutively?

Perrigo has increased its dividend for 22 consecutive years, showcasing its commitment to returning value to shareholders.

When will the new dividend be paid to shareholders?

The cash dividend will be paid on March 25, 2025, for shareholders of record as of March 7, 2025.

What is Perrigo’s main focus in the marketplace?

Perrigo focuses on providing Consumer Self-Care Products and over-the-counter health solutions that help individuals manage their wellness proactively.

How can investors stay informed about Perrigo's news and updates?

Investors can visit Perrigo's official website to access the latest news, product offerings, and corporate announcements that may impact their investment decisions.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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