LH Laboratory Corp Of America Holdings dividend history, payout ratio & dates

Laboratory Corp Of America Holdings's most recent dividend was on Feb 27, 2025 (ex-date) with a cash dividend payment of $0.72 per share. On an annualized basis, the company has a current payout of $2.88 per share. This brings the dividend yield to 1.25% based on its recent close price.

Key dates

  • LH last dividend date: Feb 27, 2025
LH dividend stats
DPS
$2.88
Dividend yield
1.24%
Payout ratio
32.4%
vs. Healthcare sector
Dividend yield
2.02%
Payout ratio
42.2%

Dividend yield

What is Laboratory Corp Of America Holdings current dividend yield

LH has a dividend yield of 1.25% which is lower than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 2.02%, Laboratory Corp Of America Holdings's dividend yield is 38% lower.

Dividend history

What is LH dividend payout history and dates

Laboratory Corp Of America Holdings has been paying dividends for the last three consecutive years. LH has issued four dividends in the last twelve months.

Recent dividends

Ex-date Amount Yield (TTM)
Feb 27, 2025 $0.72 1.16%
Nov 26, 2024 $0.72 0.9%
Aug 29, 2024 $0.72 0.63%
May 24, 2024 $0.72 0.36%

Laboratory Corp Of America Holdings dividend payout ratio

What is Laboratory Corp Of America Holdings dividend payout ratio compared to the sector

Payout ratio

LH has a payout ratio of 32.4% which is higher than the industry average but lower than the Healthcare sector average. If we compare it with the Healthcare sector average of 42.2%, Laboratory Corp Of America Holdings's payout ratio is 23% lower.

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

LH dividend vs peer dividends

How does LH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
DGX Quest Diagnostics Inc 1.78% $3 38.6%
LH Laboratory Corp Of America Holdings 1.24% $2.88 32.4%

Frequently asked questions

Does Laboratory Corp Of America Holdings pay a dividend?

Yes, Laboratory Corp Of America Holdings has been paying dividends for the last three years.

When was LH's last dividend?

Laboratory Corp Of America Holdings's last dividend ex-date was on Feb 27, 2025. The dividend amount was $0.72 per share.

How much dividend does Laboratory Corp Of America Holdings pay (per share)?

On an annual basis LH pays $2.88 per share.

What is Laboratory Corp Of America Holdings's dividend yield?

Laboratory Corp Of America Holdings's current dividend yield is 1.25%.

What is Laboratory Corp Of America Holdings's dividend payout ratio?

Laboratory Corp Of America Holdings's dividend payout ratio is 32.4%.

Does Laboratory Corp Of America Holdings pay a good dividend?

Laboratory Corp Of America Holdings's dividend yield is less than the Healthcare sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.