Thermo Fisher Scientific Inc. (TMO) to Issue Quarterly Dividend of $0.47 on July 15th

by · The Cerbat Gem

Thermo Fisher Scientific Inc. (NYSE:TMO – Get Free Report) announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Monday, June 15th will be paid a dividend of 0.47 per share by the medical research company on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, June 15th.

Thermo Fisher Scientific has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend annually for the last 8 consecutive years. Thermo Fisher Scientific has a payout ratio of 7.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Thermo Fisher Scientific to earn $27.29 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 6.9%.

Thermo Fisher Scientific Stock Down 0.5%

Thermo Fisher Scientific stock opened at $449.43 on Friday. Thermo Fisher Scientific has a fifty-two week low of $385.46 and a fifty-two week high of $643.99. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.15 and a current ratio of 1.53. The firm has a 50 day moving average price of $481.20 and a 200 day moving average price of $538.80. The company has a market capitalization of $167.02 billion, a PE ratio of 24.71, a price-to-earnings-growth ratio of 2.00 and a beta of 0.88.

Thermo Fisher Scientific (NYSE:TMO – Get Free Report) last posted its earnings results on Thursday, April 23rd. The medical research company reported $5.44 earnings per share for the quarter, beating the consensus estimate of $5.25 by $0.19. Thermo Fisher Scientific had a net margin of 15.15% and a return on equity of 16.86%. The firm had revenue of $11.01 billion during the quarter, compared to the consensus estimate of $10.86 billion. During the same quarter last year, the firm earned $5.15 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Thermo Fisher Scientific has set its FY 2026 guidance at 24.640-25.120 EPS. Research analysts expect that Thermo Fisher Scientific will post 24.86 earnings per share for the current year.

Thermo Fisher Scientific Company Profile

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Thermo Fisher Scientific (NYSE: TMO) is a global provider of scientific instrumentation, reagents and consumables, software, and services that support research, clinical, and industrial laboratories. The company supplies analytical instruments and laboratory equipment, life sciences reagents and kits, specialty diagnostics, and a broad range of consumables used by researchers, clinicians, and manufacturers. Its offerings also include laboratory information management and data-analysis software, as well as service solutions such as instrument maintenance, validation, and logistics that help customers run complex workflows efficiently.

Thermo Fisher operates through multiple business areas that broadly cover life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services, including contract development and manufacturing for pharmaceutical and biotechnology companies.

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