Amgen: A Solid Dividend Growth Stock For Your Watchlist

Dec. 11, 2022 12:55 AM ETAmgen Inc. (AMGN) StockAMGN5 Comments
Khen Elazar
9.16K Followers

Summary

  • Amgen has shown a long track record of great execution.
  • Investors in Amgen have enjoyed a decade of impressive dividend increases.
  • The current valuation of Amgen is fair, and investors should follow the stock and add on dips.
Close up of Amgen corporate office

vzphotos

Introduction

As a dividend growth investor, I constantly seek investment opportunities in income-producing assets. Most of the time, I add to my existing positions whenever I find one of them to be very attractively valued. On other occasions, I start a new position to diversify

This article was written by

9.16K Followers
Dividend growth investor

Analyst’s Disclosure:I/we have a beneficial long position in the shares of ABBV, JNJ, MRK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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