Royalty Pharma As of January 14, 2022 ticker dps (an.) 2022 hike 2021 hike 2020 hike
RPRX $0.76 11.8% 13.3% 0.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Biopharmaceutical Royalties 1.9% 2 N/A Quarter 2020
Royalty Pharma hikes dividend by 11.8%

Royalty Pharma PLC (RPRX) has announced its second dividend hike since the pharmaceutical company became publicly listed in 2020 this year as one of the biggest initial public offerings in the United States. The company initiated a $0.15 per share quarterly dividend in 2020.

Royalty Pharma will raise its dividend by 11.8 percent to $0.19 quarterly. This marks the second consecutive year with a double digit dividend hike by RPRX since the largest buyer of biopharmaceutical royalties initiated a 15 cent quarterly dividend in 2020. The dividend yield is 1.98%.

Royalty Pharma will pay an estimated annual dividend of $461 million to its shareholders if we include this latest dividend hike. The next RPRX dividend will be paid on March 15, 2022, to shareholders of record at the close of business on February 18, 2022.

Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and not-for-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly - directly when it partners with companies to co-fund late-stage clinical trials and new product launches in exchange for future royalties, and indirectly when it acquires existing royalties from the original innovators. Royalty Pharma’s current portfolio includes royalties on more than 45 commercial products, including AbbVie and J&J’s Imbruvica, Astellas and Pfizer’s Xtandi, Biogen’s Tysabri, Gilead’s HIV franchise, Merck’s Januvia, Novartis’ Promacta, and Vertex’s Kalydeco, Symdeko and Trikafta, and four development-stage product candidates. Royalty Pharma became publicly listed on June 16, 2020.

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Ex-date Ticker Yield YTD hike
Jan 18 DGX 1.7% 0.0%
Jan 18 LOW 1.3% 0.0%
Jan 18 WST 0.2% 0.0%
Jan 19 ZTS 0.6% 0.0%
Jan 19 CAT 1.9% 0.0%
Jan 20 PKI 0.2% 0.0%
Jan 20 PNR 1.3% 0.0%
Jan 20 COO 0.0% 0.0%
Jan 20 PG 2.2% 0.0%
Jan 20 APA 1.5% 0.0%