02-03-2015, 04:48 PM
Looks like dividend investors can now buy Gilead!
Announced a $0.43 per share quarterly dividend which is about a 1.6% yield. Also announced a $15B share repurchase program and beat earnings estimates by $0.20 per share.
Highlights:
Gilead Sciences Announces Fourth Quarter and Full Year 2014 Financial Results
- Fourth Quarter Product Sales of $7.2 billion, Up 137 percent Year over Year
- Full Year 2014 Product Sales of $24.5 billion, Up 127 percent Year over Year
- Full Year 2014 Non-GAAP EPS of $8.09, Up 297 percent Year over Year
Cash, Cash Equivalents and Marketable Securities
As of December 31, 2014, Gilead had $11.7 billion of cash, cash equivalents and marketable securities compared to $2.6 billion as of December 31, 2013. During 2014, Gilead generated $12.8 billion in operating cash flow and utilized $5.3 billion to repurchase shares.
Conference call going on now, looking forward to reading the transcript tonight.
My investment club added more this morning at $106.67.
Announced a $0.43 per share quarterly dividend which is about a 1.6% yield. Also announced a $15B share repurchase program and beat earnings estimates by $0.20 per share.
Highlights:
Gilead Sciences Announces Fourth Quarter and Full Year 2014 Financial Results
- Fourth Quarter Product Sales of $7.2 billion, Up 137 percent Year over Year
- Full Year 2014 Product Sales of $24.5 billion, Up 127 percent Year over Year
- Full Year 2014 Non-GAAP EPS of $8.09, Up 297 percent Year over Year
Cash, Cash Equivalents and Marketable Securities
As of December 31, 2014, Gilead had $11.7 billion of cash, cash equivalents and marketable securities compared to $2.6 billion as of December 31, 2013. During 2014, Gilead generated $12.8 billion in operating cash flow and utilized $5.3 billion to repurchase shares.
Conference call going on now, looking forward to reading the transcript tonight.
My investment club added more this morning at $106.67.