Perrigo Company plc (NYSE:PRGO) is included among the 12 Best Dividend Stocks with Yields Above 4%.
Photo by Vitaly Taranov on Unsplash
Perrigo Company plc (NYSE:PRGO) is a global consumer self-care company best known for its broad range of over-the-counter (OTC) health and wellness products. Its portfolio includes nutrition, women’s health, pain relief, oral care, digestive health, and skin care products. Perrigo serves both store brands and several international branded products, making it a top store-brand supplier in North America and a recognized name in Europe with brands such as Compeed (wound care patches) and ellaOne (emergency contraception).
Perrigo Company plc (NYSE:PRGO)’s recent strategy focuses on strengthening its core self-care categories while streamlining operations. Initiatives like Project Energize and the Supply Chain Reinvention program aim to reduce costs and enhance supply chain flexibility. Innovation and new product launches have also been key, including products such as Opill, the first over-the-counter birth control pill. Perrigo’s success relies on operational efficiency, effective new product introductions, and maintaining strong positions in both store and branded offerings across markets.
Perrigo Company plc (NYSE:PRGO) also stands out for its dividend record, having increased its payouts for 22 consecutive years, making it a notable choice for income-focused investors. The company pays a quarterly dividend of $0.29 per share and has a dividend yield of 5.46%, as of October 12.
READ NEXT: 12 Most Promising Dividend Stocks According to Wall Street Analysts and Top 15 Dividend Growth Stocks for Long-Term Investors
