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home / news releases / GSK - GlaxoSmithKline: Don't Rely On Dividend Maintenance At The Current Level

GSK - GlaxoSmithKline: Don't Rely On Dividend Maintenance At The Current Level

GlaxoSmithKline PLC
  • GSK's yield has been 5-6% lately, which for a quality pharma is attractive.
  • That, and no rise for many years, suggests it may be not be supported.
  • The company has now said it will likely cut its future payout (after the spinoff), with fuller details expected in June.
  • There is still an investment case for the name, but it's no longer the mid-single-digit yield investment case.

For further details see:

GlaxoSmithKline: Don't Rely On Dividend Maintenance At The Current Level
Stock Information
Company Name: GlaxoSmithKline PLC
Stock Symbol: GSK
Market: NYSE
Website: gsk.com
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