Laboratory Corp Of America Holdings's most recent dividend was on Aug 29, 2024 (ex-date) with a cash dividend payment of $0.72 per share. On an annualized basis, the company has a current payout of $1.44 per share. This brings the dividend yield to 0.63% based on its recent close price.
LH has a dividend yield of 0.63% which is lower than the Healthcare sector and the industry average. If we compare it with the Healthcare sector average of 1.88%, Laboratory Corp Of America Holdings's dividend yield is 66% lower.
Laboratory Corp Of America Holdings has been paying dividends for the last two consecutive years. LH has issued two dividends in the last twelve months.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 29, 2024 | $0.72 | 0.63% |
May 24, 2024 | $0.72 | 0.36% |
LH has a payout ratio of 27.1% which is higher than the industry average but lower than the Healthcare sector average. If we compare it with the Healthcare sector average of 39.5%, Laboratory Corp Of America Holdings's payout ratio is 31% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
DGX Quest Diagnostics Inc | 1.91% | $2.96 | 39.4% |
LH Laboratory Corp Of America Holdings | 0.63% | $1.44 | 27.1% |
Yes, Laboratory Corp Of America Holdings has been paying dividends for the last two years.
Laboratory Corp Of America Holdings's last dividend ex-date was on Aug 29, 2024. The dividend amount was $0.72 per share.
On an annual basis LH pays $1.44 per share.
Laboratory Corp Of America Holdings's current dividend yield is 0.63%.
Laboratory Corp Of America Holdings's dividend payout ratio is 27.1%.
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.