LH Laboratory Corp Of America Holdings dividend history, payout ratio & dates
- Stocks
- Healthcare
- NYSE: LH
- Dividend
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 1.17% based on its recent close price.
Key dates
- LH last dividend date: Feb 27, 2025
LH dividend stats
vs. Healthcare sector
Dividend yield
LH has a dividend yield of 1.17% which is lower than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 1.96%, Laboratory Corp Of America Holdings's dividend yield is 40% lower.
Dividend history
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
Payout ratio
LH has a payout ratio of 33% which is higher than the industry average but lower than the Healthcare sector average. If we compare it with the Healthcare sector average of 38.9%, Laboratory Corp Of America Holdings's payout ratio is 15% lower.
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 | 1.74% | $3.05 | 38.1% |
| LH Laboratory Corp Of America Holdings | 1.15% | $2.88 | 33% |
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 1.17%.
What is Laboratory Corp Of America Holdings's dividend payout ratio?
Laboratory Corp Of America Holdings's dividend payout ratio is 33%.
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.