Amgen Inc.

AMGN
Healthcare
$414.30
2.30%Overvalued

Amgen Inc. (AMGN) is a Healthcare company that currently yields 2.30% — historically overvalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $257.58 and the overvaluation threshold at $325.97. Amgen Inc. holds a quality score of 67/100 (Good), reflecting 14 consecutive years of dividend growth with a 61% payout ratio. The 5-year dividend CAGR stands at 8.3%.

AMGN Dividend Yield History — Weiss Valuation

Underval. $257.58Overval. $325.97

Distance to undervalued

Entry price is stretched

Needs 37.8% downside to reach the Weiss buy zone

Undervaluation starts near $257.58, where the annual dividend would imply roughly 3.70% yield. That is 1.40% above today's yield.

Buy-zone price

$257.58

Target yield

3.70%

Research checklist

What to clear before buying the yield

Updated Aug 12, 2026

Dividend durability

14Y

Long dividend history supports a deeper look.

Earnings payout

61%

Earnings coverage leaves room for noise.

Cash payout

63%

Free cash flow coverage supports the payment.

Dividend growth

8.3%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-08-112026-08-12

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

Amgen Inc. is trading near its historical overvaluation band.

Current yield 2.3% vs historical max 3.6% (64% of maximum).

14 consecutive years without a dividend cut.

Reasonable payout ratio of 61%.

What matters now

Read the signal before the headline yield

Valuation is the brake here: the yield is compressed versus its own history.

The 67/100 quality score calls for selective follow-up, not autopilot.

Start by checking whether payout coverage and business durability still support the dividend.

AMGN Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$249

Year 10 Income

$695

Yield on Cost

7.3%

Total Income

$4,317

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

Track actual vs. projected

See what AMGN dividends you actually received with Sharesight

Dividend income log · Yield on cost · DRIP cost basis · Tax reports

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

Track dividends received & tax reports

Sharesight ↗

AMGN Dividend Quality Score

Quality Score

67/ 100

Good

Payout Ratio12/25
Dividend Streak20/25
Growth (CAGR 5Y)20/20
Yield vs History5/15
FCF Coverage10/15

Key Metrics

Current Price$414.30
Annual Dividend$9.52
Current Yield2.30%
Yield — Max (10Y)3.61%
Yield — Min (10Y)2.31%
Undervalued Below$257.58
Overvalued Above$325.97
Payout Ratio60.87%
CAGR Dividend 5Y8.3%
CAGR Dividend 10Y11.7%
Years No Cut14y

Invest in AMGN

Check Amgen Inc. availability and current costs on eToro

Check eToro terms and availability →
Fractional sharesFees vary by countryCapital at risk

DividendVisual may earn a commission if you open an account via this link, at no cost to you. Capital at risk. Not financial advice.

14
consecutive years of dividend growth