West Pharmaceutical Services (WST) will raise its quarterly dividend by 5.9 percent to 18 cents per share in 2021. This follows a dividend hike of 6.3 percent to 17 cents per share in 2020 and marks the 29th consecutive year of dividend increases by the company.
The next WST dividend will be paid on November 17, 2021, to shareholders of record as of November 10, 2021. The dividend yield for WST is 0.2% at a stock price of 0.2%.
West Pharmaceutical Services, Inc. is a leading manufacturer of packaging components and delivery systems for injectable drugs and healthcare products. West is headquartered in Exton, Pennsylvania, and supports its customers from locations in North and South America, Europe, Asia and Australia. The company has paid a dividend to shareholders every year since at least 1987.