Thermo Fisher Scientific Inc Stock Dividends
TMO pays dividends quarterly. Last paid amount was $0.390 at Apr 15, 2024. As of today, dividend yield (TTM) is 0.273%.
Dividend Yield Range
AI Analysis of TMO
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 0.273% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 11.43% |
| Payout Ratio | 0 |
| Amount Per Share | $0.390 |
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Thermo Fisher Scientific Inc has not yet announced its next dividend date. Last payment date was: Apr 15, 2024.
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TMO Dividend Payout History
To ensure a understanding of TMO'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 21, 2024 | Mar 14, 2024 | Apr 15, 2024 | $0.390 | 0.0699% |
| 2 | Nov 09, 2023 | Dec 14, 2023 | Jan 16, 2024 | $0.350 | 0.0646% |
| 3 | Jul 13, 2023 | Sep 14, 2023 | Oct 13, 2023 | $0.350 | 0.0725% |
| 4 | May 24, 2023 | Jun 14, 2023 | Jul 14, 2023 | $0.350 | 0.0661% |
| 5 | Feb 22, 2023 | Mar 14, 2023 | Apr 14, 2023 | $0.350 | 0.0594% |
| 6 | Nov 10, 2022 | Dec 14, 2022 | Jan 16, 2023 | $0.300 | 0.0514% |
| 7 | Jul 07, 2022 | Sep 14, 2022 | Oct 14, 2022 | $0.300 | 0.0596% |
| 8 | May 19, 2022 | Jun 14, 2022 | Jul 15, 2022 | $0.300 | 0.0557% |
| 9 | Feb 23, 2022 | Mar 15, 2022 | Apr 14, 2022 | $0.300 | 0.0527% |
| 10 | Nov 04, 2021 | Dec 14, 2021 | Jan 14, 2022 | $0.260 | 0.0437% |
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
Growth potential
TMO Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TMO 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 TMO stock here.
Comparing TMO to Sector and Country
TMO pays a solid dividend yield of 0.273%, which is lower than the average of the bottom 25% of dividend payers in the US market (0.355%). TMO’s dividend yield is lower than the average of the top 25% of dividend payers in the Healthcare sector in the US market (7.41%), which means that there are more attractive dividend stocks to consider.
TMO Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Medtronic plc | 107.447B | $0.690 | 3.40% | 87.07% | |
| Merck | 324.836B | $0.770 | 2.66% | 322.85% | |
| UnitedHealth Group | 453.572B | $1.88 | 1.51% | 45.26% | |
| Thermo Fisher Scientific Inc | 218.054B | $0.390 | 0.273% | 8.96% |
