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Laboratory Corporation of America Holdings Stock Dividends Overview

LH pays dividends quarterly. Last paid amount was $0.720 at Mar 13, 2024. As of today, dividend yield (TTM) is 1.40%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 1.40%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.720
Next Ex-Dividend Date May 28, 2024
Next Payment Date Jun 12, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from LH the purchase should be done within the next 18 days.
Here's a simple guide on how to buy LH stock.

LH Dividend Payout History

To ensure a understanding of LH's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
21 Sep 30, 1991 Sep 30, 1991 Oct 27, 1991 $0.175 0.370%
22 Jun 27, 1991 Jun 27, 1991 Jul 24, 1991 $0.175 0.400%
23 Apr 04, 1991 Apr 04, 1991 Apr 29, 1991 $0.150 0.388%
24 Dec 31, 1990 Dec 31, 1990 Jan 28, 1991 $0.150 0.601%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (60.54%)

Growth potential

Increase likely (43.06%)

LH Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from LH dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LH stock here.

Comparing LH to Sector and Country

LH pays a solid dividend yield of 1.40%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.394%). LH’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.45%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of LH's dividend payments?
The amount of LH's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in LH sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from LH stock be automatically reinvested?
If LH offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy LH stock.

How often does LH pay dividend?
Laboratory Corporation of America Holdings (LH) pays dividends quarterly. The most recent payout was on Mar 13, 2024. The upcoming dividend Ex Date is May 28, 2024, with an amount of $0.720.

How much does LH pays per share?
The last recorder (Feb 26, 2024) dividend per share was $0.720.

What is LH dividend growth rate?
Over the last year, Laboratory Corporation of America Holdings has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 0%. Furthermore, examining the past 5 years, Laboratory Corporation of America Holdings has maintained an average Dividends Per Share Growth Rate of 0%.
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About Laboratory Corporation of America Holdings

Laboratory  of America Holdings Laboratory Corporation of America Holdings operates as an independent clinical laboratory company worldwide. It operates in two segments, Labcorp Diagnostics (Dx) and Labcorp Drug Development (DD). It offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, Pap tests, hemoglobin A1C and vitamin D products, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiol... LH Profile

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