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Cencora hikes dividend by 7.8% 2024 | Biggest increase since 2020

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Cencora Inc (COR) , the former AmerisourceBergen Corporation (ABC), will raise its quarterly dividend by 7.8% to a new record high of 55 cents quarterly. This brings the dividend track record to 20 consecutive years of increases. The dividend yield for COR is 0.88% with this 2024 dividend hike being the biggest since 2020 by the pharmaceutical sourcing and distribution services company.

AmerisourceBergen hikes dividend by 4.5%

AmerisourceBergen Corporation (ABC) will raise its quarterly dividend by 4.5 percent to 46 cents per share in 2021. The year 2021 marks the company's 17th consecutive year of annual dividend increases. In 2020 ABC hiked its dividend by 10 percent with no dividend hike announced in 2019. The increased ABC dividend of $0.46 per common share is payable November 29, 2021, to stockholders of record at the close of business on November 15, 2021. The new annualized dividend of $1.84 per share yields 1.4% at a stock price of $127.57 for the healthcare services provider. If this new dividend hike is included AmerisourceBergen Corporation will pay an estimated $382 million in dividends to shareholders annually. AmerisourceBergen is a pharmaceutical sourcing and distribution services company, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. With services ranging from drug distribution and niche premium...

AmerisourceBergen hikes dividend by 4.8%

AmerisourceBergen Corporation (ABC) will raise its quarterly dividend by another 4.8 percent to 44 cents per share in 2020. Earlier this year the healthcare company already announced a 5.0 percent hike to $0.42 per share. The year 2020 marks the company's 16th consecutive year of annual dividend increases. In 2019 ABC did not announce a dividend increase. The increased dividend of $0.42 per common share is payable November 30, 2020, to stockholders of record at the close of business on November 16, 2020. The new annualized dividend of $1.76 per share yields 1.7% at a stock price of $105.42 for the healthcare services provider. If this new dividend hike is included AmerisourceBergen Corporation will pay an estimated $359 million in dividends to shareholders annually. AmerisourceBergen is a pharmaceutical sourcing and distribution services company, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient car...

AmerisourceBergen hikes dividend by 5%

AmerisourceBergen Corp (ABC) will raise its quarterly dividend by 5.0 percent to $0.42 per share in 2020. The marks the company's 16th consecutive year of annual dividend increases by the healthcare services company. Last year ABC did not announce a dividend increase. The increased dividend of $0.42 per common share will be payable March 2, 2020, to stockholders of record at the close of business on February 14, 2020. The new annualized dividend of $1.68 per share yields 2.0% at a stock price of $85.56 for ABC. AmerisourceBergen is a pharmaceutical sourcing and distribution services company, helping both healthcare providers and pharmaceutical and biotech manufacturers improve patient access to products and enhance patient care. With services ranging from drug distribution and niche premium logistics to reimbursement and pharmaceutical consulting services, AmerisourceBergen delivers programs and solutions across the pharmaceutical supply channel in human and animal health.

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