Robinhood Reinvents Stock Trading Without The FeesAmgen Inc (NASD: AMGN) has been named as the ”Top Dividend Stock of the Nasdaq 100”, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that among the components of the Nasdaq 100 index, AMGN shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent AMGN share price of $145.43 represents a price-to-book ratio of 3.5 and an annual dividend yield of 2.8% — by comparison, the average dividend paying stock in the Nasdaq 100 yields 2.2% and trades at a price-to-book ratio of 5.4. Below is a long-term dividend history chart for AMGN, which the report stressed as being of key importance. Indeed, studying a company’s past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

Source: Forbes November 28, 2016 12:17 UTC