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TECH BIO-TECHNE dividend history, payout ratio & dates

BIO-TECHNE's latest quarterly dividend was on Aug 12, 2022 (ex-date) with a payout of $0.32 per share. On an annualized basis, the company has a current payout of $1.28 per share. This brings the dividend yield to 0.45% based on its recent close price.

Key dates

  • TECH last dividend date: Aug 12, 2022
  • TECH next dividend date: Not announced
TECH dividend stats
DPS
$1.28
Dividend yield
0.45%
Payout ratio
18.5%
vs. Healthcare sector
Dividend yield
1.92%
Payout ratio
36.4%

Dividend yield

What is BIO-TECHNE current dividend yield

BIO-TECHNE's dividend yield of 0.45% is lower than the Healthcare sector and its peers average. In comparison with the Healthcare sector average of 1.92%, BIO-TECHNE's dividend yield is 77% lower. Historically TECH's dividend yield has averaged at 0.5% in the last 5 years, which is higher than the current one.

Dividend history

What is TECH dividend payout history and dates

BIO-TECHNE has been paying dividends since 2009. TECH has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. But with the price of the stock down by 42% from a year ago, the dividend yield marks an increase of 74%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 12, 2022 Aug 29, 2022 Aug 4, 2022 $0.32 normal
May 13, 2022 May 27, 2022 $0.32 normal
Feb 10, 2022 Feb 25, 2022 Feb 1, 2022 $0.32 normal
Nov 10, 2021 Nov 26, 2021 Nov 2, 2021 $0.32 normal
Aug 13, 2021 Aug 27, 2021 Aug 5, 2021 $0.32 normal
May 14, 2021 May 28, 2021 May 6, 2021 $0.32 normal
Feb 11, 2021 Feb 26, 2021 Feb 2, 2021 $0.32 normal
Nov 13, 2020 Nov 27, 2020 Nov 5, 2020 $0.32 normal
Aug 17, 2020 Aug 28, 2020 Aug 4, 2020 $0.32 normal
May 8, 2020 May 22, 2020 Apr 30, 2020 $0.32 normal
Feb 13, 2020 Feb 28, 2020 Feb 4, 2020 $0.32 normal
Nov 7, 2019 Nov 22, 2019 Oct 29, 2019 $0.32 normal
Aug 15, 2019 Aug 30, 2019 Aug 6, 2019 $0.32 normal
May 9, 2019 May 24, 2019 Apr 30, 2019 $0.32 normal
Feb 14, 2019 Mar 1, 2019 Feb 5, 2019 $0.32 normal
Nov 8, 2018 Nov 23, 2018 Oct 30, 2018 $0.32 normal
Aug 16, 2018 Aug 31, 2018 Aug 7, 2018 $0.32 normal
May 11, 2018 May 25, 2018 May 2, 2018 $0.32 normal
Feb 15, 2018 Mar 2, 2018 Feb 6, 2018 $0.32 normal
Nov 9, 2017 Nov 24, 2017 Oct 31, 2017 $0.32 normal
Aug 16, 2017 Sep 1, 2017 Aug 9, 2017 $0.32 normal
May 17, 2017 Jun 2, 2017 May 2, 2017 $0.32 normal
Feb 15, 2017 Mar 3, 2017 Feb 7, 2017 $0.32 normal
Nov 9, 2016 Nov 28, 2016 Oct 31, 2016 $0.32 normal
Aug 25, 2016 Sep 12, 2016 Aug 17, 2016 $0.32 normal
May 11, 2016 May 27, 2016 May 3, 2016 $0.32 normal
Feb 10, 2016 Feb 26, 2016 Feb 2, 2016 $0.32 normal

BIO-TECHNE dividend payout ratio

What is BIO-TECHNE dividend payout ratio compared to the sector

Payout ratio

BIO-TECHNE's payout ratio of 18.5% is below the Healthcare sector average. If we compare it with its Healthcare sector average of 36.4%, BIO-TECHNE's payout ratio is 49% lower.

Total amount of dividends paid per financial year (from cash flow)

TECH dividend vs peer dividends

How does TECH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
BDX Becton Dickinson & Co 1.56% $3.48 59.5%
GE General Electric Co 0.52% $0.32 N/A
TECH BIO-TECHNE Corp 0.45% $1.28 18.5%
DHR Danaher Corp 0.37% $0.96 11.1%
TMO Thermo Fisher Scientific Inc 0.23% $1.16 6.1%

Frequently asked questions

Does BIO-TECHNE pay a dividend?

Yes, BIO-TECHNE has been paying dividends for the last 14 years.

When is BIO-TECHNE's next dividend?

At this point we don't have a record of TECH's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2022.

When was TECH's last dividend?

BIO-TECHNE's last dividend ex-date was on Aug 12, 2022. The dividend amount was $0.32 per share.

How much dividend does BIO-TECHNE pay (per share)?

TECH's annualized dividend per share is $1.28.

What is BIO-TECHNE's dividend yield?

Currently BIO-TECHNE's dividend yield is 0.45%.

How often does BIO-TECHNE pay dividends?

BIO-TECHNE pays dividends quarterly.

What is BIO-TECHNE's dividend payout ratio?

The dividend payout ratio of BIO-TECHNE is 18.5%.

Does BIO-TECHNE pay a good dividend?

BIO-TECHNE's dividend yield is lower than the Healthcare sector average.