LH Laboratory Corp Of America Holdings dividend history, payout ratio & dates
Laboratory Corp Of America Holdings's most recent dividend was on Nov 26, 2024 (ex-date) with a cash dividend payment of $0.72 per share. On an annualized basis, the company has a current payout of $2.16 per share. This brings the dividend yield to 0.94% based on its recent close price.
Key dates
- LH last dividend date: Nov 26, 2024
LH dividend stats
vs. Healthcare sector
Dividend yield
LH has a dividend yield of 0.94% which is lower than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 1.89%, Laboratory Corp Of America Holdings's dividend yield is 50% lower.
Dividend history
Laboratory Corp Of America Holdings has been paying dividends for the last two consecutive years. LH has issued three dividends in the last twelve months.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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
Payout ratio
LH has a payout ratio of 40.7% which is higher than the Healthcare sector and the industry average. But if we consider the Healthcare sector average of 40.4%, Laboratory Corp Of America Holdings's payout ratio is only 0.7% higher.
Total amount of dividends paid per financial year (from cash flow)
LH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| DGX Quest Diagnostics Inc | 1.93% | $2.96 | 39.4% |
| LH Laboratory Corp Of America Holdings | 0.94% | $2.16 | 40.7% |
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 two years.
When was LH's last dividend?
Laboratory Corp Of America Holdings's last dividend ex-date was on Nov 26, 2024. 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 $2.16 per share.
What is Laboratory Corp Of America Holdings's dividend yield?
Laboratory Corp Of America Holdings's current dividend yield is 0.94%.
What is Laboratory Corp Of America Holdings's dividend payout ratio?
Laboratory Corp Of America Holdings's dividend payout ratio is 40.7%.
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.