Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes pharmaceutical products worldwide. This dividend achiever has paid dividends since 1984, and has increased them for 13 years in a row.
The company’s last dividend increase was in February 2013 when the Board of Directors approved a 25% increase in the quarterly distribution to 1 NIS /share. The company’s peer group includes Actavis (ACT), Taro Pharmaceutical (TARO) and Revlon (REV).
Over the past decade this dividend growth stock has delivered an annualized total return of 8.10% to its shareholders.