TECH BIO-TECHNE dividend history, payout ratio & dates
BIO-TECHNE's latest dividend was on Nov 8, 2024 (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 0.45% based on its recent close price.
Key dates
- TECH last dividend date: Nov 8, 2024
TECH dividend stats
vs. Healthcare sector
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 0.4% in the last 5 years, which is lower than the current one.
Dividend history
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 up by 12% from a year ago, the dividend yield has a decrease of 11%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 8, 2024 | $0.08 | 0.42% |
| Aug 19, 2024 | $0.08 | 0.43% |
| May 10, 2024 | $0.08 | 0.4% |
| Feb 9, 2024 | $0.08 | 0.47% |
| Nov 9, 2023 | $0.08 | 0.56% |
| Aug 17, 2023 | $0.08 | 0.4% |
| May 12, 2023 | $0.08 | 0.39% |
| Feb 10, 2023 | $0.08 | 0.42% |
| Nov 10, 2022 | $0.08 | 0.38% |
| Aug 12, 2022 | $0.08 | 0.34% |
| May 13, 2022 | $0.08 | 0.35% |
| Feb 10, 2022 | $0.08 | 0.3% |
| Nov 10, 2021 | $0.08 | 0.25% |
| Aug 13, 2021 | $0.08 | 0.27% |
| May 14, 2021 | $0.08 | 0.32% |
| Feb 11, 2021 | $0.08 | 0.32% |
| Nov 13, 2020 | $0.08 | 0.42% |
| Aug 17, 2020 | $0.08 | 0.49% |
| May 8, 2020 | $0.08 | 0.47% |
| Feb 13, 2020 | $0.08 | 0.62% |
| Nov 7, 2019 | $0.08 | 0.63% |
| Aug 15, 2019 | $0.08 | 0.66% |
| May 9, 2019 | $0.08 | 0.63% |
| Feb 14, 2019 | $0.08 | 0.68% |
| Nov 8, 2018 | $0.08 | 0.74% |
| Aug 16, 2018 | $0.08 | 0.71% |
| May 11, 2018 | $0.08 | 0.84% |
| Feb 15, 2018 | $0.08 | 0.9% |
| Nov 9, 2017 | $0.08 | 1.03% |
| Aug 16, 2017 | $0.08 | 1.08% |
| May 17, 2017 | $0.08 | 1.17% |
| Feb 15, 2017 | $0.08 | 1.22% |
| Nov 9, 2016 | $0.08 | 1.23% |
| Aug 25, 2016 | $0.08 | 1.22% |
| May 11, 2016 | $0.08 | 1.26% |
| Feb 10, 2016 | $0.08 | 1.51% |
| Nov 10, 2015 | $0.08 | 1.41% |
| Aug 13, 2015 | $0.08 | 1.21% |
| May 13, 2015 | $0.08 | 1.28% |
| Feb 11, 2015 | $0.08 | 1.38% |
BIO-TECHNE dividend payout ratio
Payout ratio
BIO-TECHNE's payout ratio of 33.7% is above its peers average but below the Healthcare sector average. If we compare it with its Healthcare sector average of 40%, BIO-TECHNE's payout ratio is 16% lower.
Total amount of dividends paid per financial year (from cash flow)
TECH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BDX Becton Dickinson & Co | 1.69% | $3.8 | 78.4% |
| GE General Electric Co | 0.51% | $0.92 | 16% |
| TECH BIO-TECHNE Corp | 0.45% | $0.32 | 33.7% |
| DHR Danaher Corp | 0.45% | $1.05 | 19.8% |
| TMO Thermo Fisher Scientific Inc | 0.3% | $1.52 | 9.5% |
Frequently asked questions
Does BIO-TECHNE pay a dividend?
Yes, BIO-TECHNE has been paying dividends for the last 16 years.
When was TECH's last dividend?
BIO-TECHNE's last dividend ex-date was on Nov 8, 2024. The dividend amount was $0.08 per share.
How much dividend does BIO-TECHNE pay (per share)?
TECH's annualized dividend per share is $0.32.
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 33.7%.
Does BIO-TECHNE pay a good dividend?
BIO-TECHNE's dividend yield is lower than the Healthcare sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.