Altus Midstream Declares Cash Dividend on Class A Common Shares

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) — Altus Midstream Company (Nasdaq: ALTM) today announced that its board of directors has declared a cash dividend on the company’s Class A common shares. The dividend on Class A common shares is payable Dec. 30, 2021, to stockholders of record on Nov. 30, 2021, at a rate of $1.50 per share. This constitutes the full-year $6 per share dividend for 2021. About Altus Midstream Company Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-

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Amgen 3rd quarter profit beats, sales rise 4%

Amgen Inc on Tuesday reported a 4% increase in third-quarter revenue as the impact of the COVID-19 pandemic on drug prescriptions began to ease, but said prices for some of its drugs remained under pressure from lower-cost competition. Net earnings per share fell 3% to $3.31 driven by a $400 million licensing-related expense from Amgen’s collaboration with Japan’s Kyowa Kirin Co Ltd. Amgen said sales volumes for the quarter rose 8%, but net selling prices fell 7% as competition, including from cheaper generics and biosimilars, pushed down prices for its arthritis, migraine and infection-fighting drugs.

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