Royalty Pharma increases quarterly dividend 5% to 21c per share

Royalty Pharma announced that its board of directors has declared a dividend for the first quarter of 2024 of 21c per Class A share, reflecting a 5% increase in the company’s quarterly dividend over the previous quarter’s dividend. The dividend will be paid on March 15, 2024 to shareholders of record at the close of business on February 16, 2024.