$22.24
+2.5%Innoviva, Inc. engages in the development and commercialization of pharmaceuticals in the United States and internationally. Its products include RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol (VI), an inhaled corticosteroid (ICS), and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist (LAMA), umeclidinium bromide (UMEC), with a LABA, and VI; and TRELEGY ELLIPTA, a once-daily combination medicine consisting of an ICS, LAMA, and LABA. Innoviva, Inc. has a strategic partnership with Sarissa Capital Management LP. The company has long-acting beta2 agonist (LABA) collaboration agreement with Glaxo Group Limited to develop and commercialize once-daily products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California.
Total Payments
5
Latest Dividend
$0.2500
Annual Amount
$1.0000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Jul 30, 2015 | Sep 10, 2015 | Sep 30, 2015 | $0.2500 | $0.2500 | Quarterly | 0.00% |
May 6, 2015 | Jun 12, 2015 | Jun 30, 2015 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Feb 23, 2015 | Mar 12, 2015 | Mar 31, 2015 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Oct 16, 2014 | Nov 25, 2014 | Dec 23, 2014 | $0.2500 | $0.2500 | Quarterly | 0.00% |
Aug 6, 2014 | Aug 28, 2014 | Sep 18, 2014 | $0.2500 | $0.2500 | Quarterly | - |
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.
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