West Pharmaceutical Services, Inc. (NYSE:WST) declared 3Q20 dividend of $ 0.16 per share, or $ 0.64 annualized.
The dividend will be payable on August 5, 2020, to stockholders of record on July 29, 2020, with an ex-dividend date of July 28, 2020.
Dividends History
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Recent Earnings Announcement
West Pharmaceutical Services, Inc. communicated income for the first quarter of $ 1.01 per share, from the revenue of $ 491.50 million. The quarterly earnings hiked 36.49 percent while revenues gained 14.28 percent compared with the same quarter last year.
Street analysts expected West Pharmaceutical Services, Inc. to report income of $ 0.82 per share on revenue of $ 466.79 million for the first quarter. The bottom line results beat street analysts by $ 0.19 or 23.17 percent, at the same time, top line results outshined analysts by $ 24.71 million or 5.29 percent.
Stock Performance
According to the previous trading day, closing price of WST was $ 233.28, representing a 94.21 % increase from the 52 week low of $ 120.12 and a 1.58 % decrease over the 52 week high of $ 237.03.
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The company has a market capital of $ 17.17 billion and is part of the Healthcare sector and Medical Instruments & Supplies industry.
West Pharmaceutical Services, Inc. manufactures and sells containment and delivery systems for injectable drugs and healthcare products in the United States, Germany, France, Other European countries, South Korea, and internationally. The company operates through two segments, Proprietary Products and Contract-Manufactured Products.