Royalty Pharma Dividends and Buybacks

Dividend criteria checks 2/6

Royalty Pharma is a dividend paying company with a current yield of 3.2% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 15th November, 2024.

Key information

3.2%

Dividend yield

1.4%

Buyback Yield

Total Shareholder Yield4.6%
Future Dividend Yield3.5%
Dividend Growth20.2%
Next dividend pay date10 Dec 24
Ex dividend date15 Nov 24
Dividend per shareUS$0.840
Payout ratio32%

Recent dividend and buyback updates

Royalty Pharma (NASDAQ:RPRX) Has Affirmed Its Dividend Of $0.21

Oct 14
Royalty Pharma (NASDAQ:RPRX) Has Affirmed Its Dividend Of $0.21

Royalty Pharma (NASDAQ:RPRX) Has Announced A Dividend Of $0.21

Jul 22
Royalty Pharma (NASDAQ:RPRX) Has Announced A Dividend Of $0.21

Recent updates

Solid Earnings May Not Tell The Whole Story For Royalty Pharma (NASDAQ:RPRX)

Nov 13
Solid Earnings May Not Tell The Whole Story For Royalty Pharma (NASDAQ:RPRX)

Royalty Pharma: Massive Opportunity Ahead

Nov 09

Royalty Pharma (NASDAQ:RPRX) Has Affirmed Its Dividend Of $0.21

Oct 14
Royalty Pharma (NASDAQ:RPRX) Has Affirmed Its Dividend Of $0.21

Earnings Tell The Story For Royalty Pharma plc (NASDAQ:RPRX)

Oct 09
Earnings Tell The Story For Royalty Pharma plc (NASDAQ:RPRX)

Royalty Pharma (NASDAQ:RPRX) Takes On Some Risk With Its Use Of Debt

Aug 28
Royalty Pharma (NASDAQ:RPRX) Takes On Some Risk With Its Use Of Debt

Royalty Pharma plc Q2: Beat And Raise Reaffirm Our Buy Rating

Aug 22

Royalty Pharma: Busy Putting Capital To Work

Aug 11

Royalty Pharma (NASDAQ:RPRX) Has Announced A Dividend Of $0.21

Jul 22
Royalty Pharma (NASDAQ:RPRX) Has Announced A Dividend Of $0.21

Royalty Pharma plc (NASDAQ:RPRX) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

May 12
Royalty Pharma plc (NASDAQ:RPRX) First-Quarter Results: Here's What Analysts Are Forecasting For This Year

Royalty Pharma: Solid Start Of The Year, Buy Confirmed

May 11

Royalty Pharma (NASDAQ:RPRX) Will Pay A Dividend Of $0.21

Apr 28
Royalty Pharma (NASDAQ:RPRX) Will Pay A Dividend Of $0.21

Unpleasant Surprises Could Be In Store For Royalty Pharma plc's (NASDAQ:RPRX) Shares

Apr 25
Unpleasant Surprises Could Be In Store For Royalty Pharma plc's (NASDAQ:RPRX) Shares

Is Royalty Pharma (NASDAQ:RPRX) Using Too Much Debt?

Apr 04
Is Royalty Pharma (NASDAQ:RPRX) Using Too Much Debt?

Royalty Pharma's (NASDAQ:RPRX) Earnings Are Weaker Than They Seem

Feb 22
Royalty Pharma's (NASDAQ:RPRX) Earnings Are Weaker Than They Seem

Royalty Pharma: Solid Operational Performance

Feb 19

Royalty Pharma (NASDAQ:RPRX) Will Pay A Larger Dividend Than Last Year At $0.21

Jan 31
Royalty Pharma (NASDAQ:RPRX) Will Pay A Larger Dividend Than Last Year At $0.21

Royalty Pharma: One Of The Best Names In Pharmaceuticals

Jan 22

Royalty Pharma plc's (NASDAQ:RPRX) Share Price Matching Investor Opinion

Dec 26
Royalty Pharma plc's (NASDAQ:RPRX) Share Price Matching Investor Opinion

Royalty Pharma's (NASDAQ:RPRX) Upcoming Dividend Will Be Larger Than Last Year's

May 12
Royalty Pharma's (NASDAQ:RPRX) Upcoming Dividend Will Be Larger Than Last Year's

Royalty Pharma (NASDAQ:RPRX) Is Increasing Its Dividend To $0.20

Apr 20
Royalty Pharma (NASDAQ:RPRX) Is Increasing Its Dividend To $0.20

Royalty Pharma's (NASDAQ:RPRX) Dividend Will Be Increased To $0.20

Jan 16
Royalty Pharma's (NASDAQ:RPRX) Dividend Will Be Increased To $0.20

Royalty Pharma to co-fund development of schizophrenia drug with Merck

Oct 12

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Whilst dividend payments have been stable, RPRX has been paying a dividend for less than 10 years.

Growing Dividend: RPRX's dividend payments have increased, but the company has only paid a dividend for 4 years.


Dividend Yield vs Market

Royalty Pharma Dividend Yield vs Market
How does RPRX dividend yield compare to the market?
SegmentDividend Yield
Company (RPRX)3.2%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Pharmaceuticals)2.5%
Analyst forecast (RPRX) (up to 3 years)3.5%

Notable Dividend: RPRX's dividend (3.2%) is higher than the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: RPRX's dividend (3.2%) is low compared to the top 25% of dividend payers in the US market (4.32%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (32.5%), RPRX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: RPRX is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies