BIO-TECHNE's latest quarterly dividend was on Aug 17, 2023 (ex-date) with a payout of $0.08 per share. On an annualized basis, the company has a current payout of $0.32 per share. This brings the dividend yield to 0.48% based on its recent close price.
BIO-TECHNE's dividend yield of 0.48% is lower than the Healthcare sector and its peers average. In comparison with the Healthcare sector average of 1.84%, BIO-TECHNE's dividend yield is 74% lower. Historically TECH's dividend yield has averaged at 0.5% in the last 5 years, which is lower than the current one.
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 5% from a year ago, the dividend yield marks an increase of 6%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 17, 2023 | Sep 1, 2023 | Aug 8, 2023 | $0.08 | normal |
May 12, 2023 | May 26, 2023 | May 3, 2023 | $0.08 | normal |
Feb 10, 2023 | Feb 27, 2023 | Feb 2, 2023 | $0.08 | normal |
Nov 10, 2022 | Nov 28, 2022 | Nov 1, 2022 | $0.08 | normal |
Aug 12, 2022 | Aug 29, 2022 | Aug 4, 2022 | $0.08 | normal |
May 13, 2022 | May 27, 2022 | $0.08 | normal | |
Feb 10, 2022 | Feb 25, 2022 | Feb 1, 2022 | $0.08 | normal |
Nov 10, 2021 | Nov 26, 2021 | Nov 2, 2021 | $0.08 | normal |
Aug 13, 2021 | Aug 27, 2021 | Aug 5, 2021 | $0.08 | normal |
May 14, 2021 | May 28, 2021 | May 6, 2021 | $0.08 | normal |
Feb 11, 2021 | Feb 26, 2021 | Feb 2, 2021 | $0.08 | normal |
Nov 13, 2020 | Nov 27, 2020 | Nov 5, 2020 | $0.08 | normal |
Aug 17, 2020 | Aug 28, 2020 | Aug 4, 2020 | $0.08 | normal |
May 8, 2020 | May 22, 2020 | Apr 30, 2020 | $0.08 | normal |
Feb 13, 2020 | Feb 28, 2020 | Feb 4, 2020 | $0.08 | normal |
Nov 7, 2019 | Nov 22, 2019 | Oct 29, 2019 | $0.08 | normal |
Aug 15, 2019 | Aug 30, 2019 | Aug 6, 2019 | $0.08 | normal |
May 9, 2019 | May 24, 2019 | Apr 30, 2019 | $0.08 | normal |
Feb 14, 2019 | Mar 1, 2019 | Feb 5, 2019 | $0.08 | normal |
Nov 8, 2018 | Nov 23, 2018 | Oct 30, 2018 | $0.08 | normal |
Aug 16, 2018 | Aug 31, 2018 | Aug 7, 2018 | $0.08 | normal |
May 11, 2018 | May 25, 2018 | May 2, 2018 | $0.08 | normal |
Feb 15, 2018 | Mar 2, 2018 | Feb 6, 2018 | $0.08 | normal |
Nov 9, 2017 | Nov 24, 2017 | Oct 31, 2017 | $0.08 | normal |
Aug 16, 2017 | Sep 1, 2017 | Aug 9, 2017 | $0.08 | normal |
May 17, 2017 | Jun 2, 2017 | May 2, 2017 | $0.08 | normal |
Feb 15, 2017 | Mar 3, 2017 | Feb 7, 2017 | $0.08 | normal |
Nov 9, 2016 | Nov 28, 2016 | Oct 31, 2016 | $0.08 | normal |
Aug 25, 2016 | Sep 12, 2016 | Aug 17, 2016 | $0.08 | normal |
May 11, 2016 | May 27, 2016 | May 3, 2016 | $0.08 | normal |
Feb 10, 2016 | Feb 26, 2016 | Feb 2, 2016 | $0.08 | normal |
BIO-TECHNE's payout ratio of 17.7% is below the Healthcare sector and its peers average. If we compare it with its Healthcare sector average of 39.7%, BIO-TECHNE's payout ratio is 55% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
BDX Becton Dickinson & Co | 1.4% | $3.64 | 65.5% |
TECH BIO-TECHNE Corp | 0.48% | $0.32 | 17.7% |
DHR Danaher Corp | 0.48% | $1.04 | 12.1% |
GE General Electric Co | 0.3% | $0.32 | 3.8% |
TMO Thermo Fisher Scientific Inc | 0.27% | $1.35 | 9.2% |
Yes, BIO-TECHNE has been paying dividends for the last 15 years.
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 2023.
BIO-TECHNE's last dividend ex-date was on Aug 17, 2023. The dividend amount was $0.08 per share.
TECH's annualized dividend per share is $0.32.
Currently BIO-TECHNE's dividend yield is 0.48%.
BIO-TECHNE pays dividends quarterly.
The dividend payout ratio of BIO-TECHNE is 17.7%.
BIO-TECHNE's dividend yield is lower than the Healthcare sector average.