Embecta's latest quarterly cash dividend of $0.15 per share was issued to shareholders on record before May 24, 2024. The dividend distribution stands at $0.6 per share annually, which comes to a dividend yield of 3.85%.
Embecta's dividend yield of 3.85% is higher than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 1.81%, Embecta's dividend yield is 113% 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. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock down by 27% from a year ago, the dividend yield has an increase of 37%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 24, 2024 | Jun 14, 2024 | May 9, 2024 | $0.15 | normal |
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 49.2% is above the Healthcare sector and the industry average. Compared to its Healthcare sector average of 35.3%, Embecta's payout ratio is 39% 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 August 2024.
Embecta's last regular dividend was on May 24, 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 3.85%.
Embecta has a quarterly dividend frequency.
The dividend payout ratio of Embecta is 49.2%.
Embecta's dividend yield is more than the Healthcare sector average.