Embecta's latest quarterly cash dividend of $0.15 per share was issued to shareholders on record before Feb 27, 2024. The dividend distribution stands at $0.6 per share annually, which comes to a dividend yield of 5.69%.
Embecta's dividend yield of 5.69% is higher than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 1.88%, Embecta's dividend yield is 203% higher.
Embecta has been paying dividends for the last two years. Our records show that EMBC has distributed four quarterly dividends in the past year.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 27, 2024 | Mar 15, 2024 | Feb 9, 2024 | $0.15 | normal |
| Dec 1, 2023 | Dec 15, 2023 | Nov 21, 2023 | $0.15 | normal |
| Aug 24, 2023 | Sep 13, 2023 | Aug 8, 2023 | $0.15 | normal |
| May 25, 2023 | Jun 13, 2023 | May 12, 2023 | $0.15 | normal |
| Feb 24, 2023 | Mar 13, 2023 | Feb 14, 2023 | $0.15 | normal |
| Dec 29, 2022 | Jan 11, 2023 | Dec 20, 2022 | $0.15 | normal |
| Aug 25, 2022 | Sep 14, 2022 | Aug 15, 2022 | $0.15 | normal |
Embecta's payout ratio of 62.5% is above the Healthcare sector and the industry average. Compared to its Healthcare sector average of 35.8%, Embecta's payout ratio is 75% higher.
Yes, Embecta has been paying dividends for the last two years.
EMBC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Embecta's last regular dividend was on Feb 27, 2024 (ex-date) with the amount of $0.15 per share.
EMBC's annualized dividend per share is $0.6.
Currently Embecta's dividend yield is 5.69%.
Embecta has a quarterly dividend frequency.
The dividend payout ratio of Embecta is 62.5%.
Embecta's dividend yield is more than the Healthcare sector average.