Amgen has raised its quarterly dividend every year since 2011, increasing it ninefold over that period. Dividend growth compounded at about 16% annually, while the latest increase was around 6%. The report says the dividend is covered by free cash flow but gives no dividend-per-share amount or coverage ratio.
Key facts
Amgen's latest dividend increase was around 6%. source
Amgen's quarterly dividend has increased ninefold since 2011. source
Amgen's dividend compounded at about 16% annually. source
Amgen has raised its quarterly dividend consistently since 2011. source