Thermo Fisher Scientific Inc. to Issue Quarterly Dividend of $0.47 (NYSE:TMO)

Thermo Fisher Scientific Inc. (NYSE:TMO) announced a quarterly dividend on Thursday, July 9th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.47 per share by the medical research company on Thursday, October 15th. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, September 15th.

Thermo Fisher Scientific has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 8 years. Thermo Fisher Scientific has a dividend payout ratio of 7.6% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Thermo Fisher Scientific to earn $27.18 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 Price Performance

TMO stock opened at $523.58 on Friday. The stock’s 50 day moving average is $477.01 and its two-hundred day moving average is $516.37. Thermo Fisher Scientific has a 52-week low of $403.36 and a 52-week high of $643.99. The company has a market capitalization of $194.57 billion, a PE ratio of 28.78, a P/E/G ratio of 2.26 and a beta of 0.87. The company has a quick ratio of 1.15, a current ratio of 1.53 and a debt-to-equity ratio of 0.77.

Thermo Fisher Scientific (NYSE:TMO) last released its earnings results on Thursday, April 23rd. The medical research company reported $5.44 EPS for the quarter, beating the consensus estimate of $5.25 by $0.19. The company had revenue of $11.01 billion during the quarter, compared to analysts’ expectations of $10.86 billion. Thermo Fisher Scientific had a return on equity of 16.86% and a net margin of 15.15%.The business’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $5.15 EPS. Thermo Fisher Scientific has set its FY 2026 guidance at 24.640-25.120 EPS. Analysts predict that Thermo Fisher Scientific will post 24.84 earnings per share for the current fiscal year.

About Thermo Fisher Scientific

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.