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AmerisourceBergen (ABC) will increase its quarterly dividend for the 9th consecutive year.

AmerisourceBergen raises its quarterly dividend by 11.9% from $0.21 to $0.235 per share. The dividend yield on the dividend is 1.4% with the current stock price of $66.80. AmerisourceBergen currently is trading near its all time high of $67.79.

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.