In its third quarter results of 2024, pharmaceutical giant, GSK (LSE: GSK) confirmed it would pay a quarterly dividend of 15 pence.
The business expects to pay out a full year dividend of 60p due to its total sales reaching £8 billion ($10.35 billion).
However, Morningstar analyst Christopher Johnson says he believes that GSK’s dividends historically have been a bit too high.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze