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Zevin Asset Management increased its AstraZeneca holdings by 14%, to $10 million, as the drug company raised its dividend.
Investment firm Zevin Asset Management LLC increased its holdings in AstraZeneca PLC by 14% in the fourth quarter, to 152,875 shares, worth $10,016,000.
AstraZeneca, a biopharmaceutical company, has a market cap of $240.65 billion and recently announced a semi-annual dividend of $1.03, up from $0.49, for shareholders of record on Feb. 21.
The company's products include drugs for cardiovascular, renal, metabolism, and oncology.
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Zevin Asset Management aumentó sus participaciones en AstraZeneca en un 14%, a 10 millones de dólares, a medida que la compañía farmacéutica aumentaba su dividendo.