NEW YORK, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Royalty Pharma plc (Nasdaq: RPRX) today announced that its board of directors has declared a dividend for the first quarter of 2025 of $0.22 per Class A ordinary share, reflecting a 5% increase in the companyโs quarterly dividend over the previous quarterโs dividend.
The dividend will be paid on March 10, 2025 to shareholders of record at the close of business on February 21, 2025.
About Royalty Pharma
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 non-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 industryโs leading therapies. Royalty Pharma funds innovation in the biopharmaceutical industry both directly and indirectly โ 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 Pharmaโs current portfolio includes royalties on more than 35 commercial products, including Vertexโs Trikafta, GSKโs Trelegy, Rocheโs Evrysdi, Johnson & Johnsonโs Tremfya, Biogenโs Tysabri and Spinraza, AbbVie and Johnson & Johnsonโs Imbruvica, Astellas and Pfizerโs Xtandi, Novartisโ Promacta, Pfizerโs Nurtec ODT and Gileadโs Trodelvy, and 14 development-stage product candidates. For more information, visit www.royaltypharma.com.
Royalty Pharma Investor Relations and Communications
+1 (212) 883-6637
ir@royaltypharma.com
