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.
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.
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.
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% |
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.
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% |
Yes, Laboratory Corp Of America Holdings has been paying dividends for the last three years.
Laboratory Corp Of America Holdings's last dividend ex-date was on Feb 27, 2025. The dividend amount was $0.72 per share.
On an annual basis LH pays $2.88 per share.
Laboratory Corp Of America Holdings's current dividend yield is 1.25%.
Laboratory Corp Of America Holdings's dividend payout ratio is 32.4%.
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.