Viatris Announces Their 1st Dividend in 2021

Posted by More Dividends in Dividend Increases On May 11, 2021

Dividend Increase Announcement

On May 10th, Viatris announced their 1st dividend. This will increase their dividend per quarter from $0.00 to $0.11. It is payable on June 26th for shareholders of record on May 24th. The new quarterly dividend represents an annualized dividend amount of $0.44 per share as compared to the current annualized dividend amount of $0.00 per share.

Viatris Dividend Information

Annual Dividend: $0.44
Dividend Yield: 2.93%
Dividend Growth History: 1 year

Dividend Increase Affect On More Dividends

I am currently holding 3.85 shares of Viatris in the More Dividends portfolio. With this announcement it will add an additional $1.69 to my projected annual dividend income and this doesn’t even take into account the compounding factor!

Conclusion

Viatris was a surprise when it showed up in my portfolio. I was able to acquire these few shares because of my position in Pfizer (PFE).

I honestly can say that I do not know much about the company but with them starting to pay a dividend, I will definitely be taking a closer look.

If the company looks solid, I would love to build onto the position. If not though, I will just continue to hold these shares since they came to me at no cost!

Regardless of how large or small, I love all dividend increases. That is how we end up with More Dividends 😉

Do you currently hold any stock in Viatris? What do you think of this dividend increase? Just let me know in the comments.

As always I look forward to reading all of your comments and questions, until then….. happy investing!

-Jason from MoreDividends.com