AstraZeneca promises dividend rise hours before vote on boss’s £19m pay deal

AstraZeneca promises dividend rise hours before vote on boss’s £19m pay deal

Drugmaker announces 7% increase as it seeks to garner support for Pascal Soriot’s £1.8m pay boost

Shareholders at AstraZeneca are in line for a 7% increase in dividends this year as the pharmaceutical company attempts to garner support for a pay deal worth up to £19m for its boss, Pascal Soriot.

AstraZeneca said it intended to increase the annual dividend for 2024 by $0.20 to $3.10 a share, reflecting its confidence in its performance and cash generation.

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