Is Amgen (AMGN) a Safe Bet for Income Investors in Cheap Quarterly Dividend Stocks?

Group 1 - Amgen Inc. is recognized as one of the 11 cheap quarterly dividend stocks to buy currently [1] - The company has a strong and diverse portfolio with over two dozen brands, including several blockbuster drugs generating over $1 billion in annual sales [2] - Amgen's medicines cover multiple therapeutic areas, including heart health, bone health, and psoriasis treatment [3] Group 2 - In the second quarter, Amgen reported revenue of $9.2 billion, reflecting a 9% increase from the previous year, while adjusted earnings per share rose 21% to $6.02 [4] - The company has demonstrated consistent dividend growth for 14 consecutive years, currently offering a quarterly dividend of $2.38 per share and a dividend yield of 3.32% as of September 23 [4]