Amgen Inc. Trades Ex-Dividend: Investors Must Act Soon

Investors looking to buy Amgen Inc. (NASDAQ:AMGN) for its dividend should act soon, as the stock is about to trade ex-dividend on August 21st.

The company's upcoming dividend payment of $2.52 per share will be made on September 11th, and shareholders who purchase shares after this date will not be eligible to receive it.

Amgen has a trailing yield of 2.4% based on the current stock price of $415.21, and its last year's worth of payments total $10.08 per share.

The company paid out more than half (60%) of its earnings last year in the form of dividends, which is a regular payout ratio for most companies.