STERIS's latest quarterly cash dividend of $0.47 per share was issued to shareholders on record before Sep 6, 2022. The dividend distribution stands at $1.76 per share annually, which comes to a dividend yield of 1.02%. The latest STE dividend of $0.47 is an increase from the previous $0.43 payout, representing a growth of 9%.
STE has a dividend yield of 1.02% which is lower than the Healthcare sector, the industry and its peers average. If we compare it with the Healthcare sector average of 1.76%, STERIS's dividend yield is 42% lower. The current dividend yield is more than the historical average of 1.0% of the last 5 years.
STERIS has been paying dividends for the last seven years. Our records show that STE has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 8% since twelve months ago. And with the price of the stock down by 17% from a year ago, the dividend yield has increased by 30%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 6, 2022 | Sep 23, 2022 | Jul 28, 2022 | $0.47 | normal |
| Jun 13, 2022 | Jun 28, 2022 | May 4, 2022 | $0.43 | normal |
| Feb 24, 2022 | Mar 24, 2022 | Jan 31, 2022 | $0.43 | normal |
| Nov 22, 2021 | Dec 17, 2021 | Oct 28, 2021 | $0.43 | normal |
| Sep 2, 2021 | Sep 24, 2021 | Aug 9, 2021 | $0.43 | normal |
| May 27, 2021 | Jun 25, 2021 | May 18, 2021 | $0.4 | normal |
| Feb 23, 2021 | Mar 25, 2021 | Feb 2, 2021 | $0.4 | normal |
| Nov 23, 2020 | Dec 18, 2020 | Nov 2, 2020 | $0.4 | normal |
| Aug 26, 2020 | Sep 24, 2020 | Aug 3, 2020 | $0.4 | normal |
| Jun 11, 2020 | Jun 26, 2020 | May 13, 2020 | $0.37 | normal |
| Feb 24, 2020 | Mar 26, 2020 | Feb 10, 2020 | $0.37 | normal |
| Nov 25, 2019 | Dec 20, 2019 | Nov 4, 2019 | $0.37 | normal |
| Sep 9, 2019 | Sep 26, 2019 | Aug 5, 2019 | $0.37 | normal |
| Jun 11, 2019 | Jun 28, 2019 | May 13, 2019 | $0.34 | normal |
| Feb 26, 2019 | Mar 21, 2019 | Feb 6, 2019 | $0.34 | normal |
| Nov 27, 2018 | Dec 21, 2018 | Oct 26, 2018 | $0.34 | normal |
| Aug 28, 2018 | Sep 27, 2018 | Aug 8, 2018 | $0.34 | normal |
| Jun 7, 2018 | Jun 28, 2018 | May 4, 2018 | $0.31 | normal |
| Feb 27, 2018 | Mar 28, 2018 | Jan 30, 2018 | $0.31 | normal |
| Nov 21, 2017 | Dec 20, 2017 | Nov 1, 2017 | $0.31 | normal |
| Aug 25, 2017 | Sep 28, 2017 | Aug 8, 2017 | $0.31 | normal |
| Jun 5, 2017 | Jun 29, 2017 | May 9, 2017 | $0.28 | normal |
| Feb 24, 2017 | Mar 28, 2017 | Feb 7, 2017 | $0.28 | normal |
| Nov 21, 2016 | Dec 21, 2016 | Oct 25, 2016 | $0.28 | normal |
| Aug 26, 2016 | Sep 27, 2016 | Aug 9, 2016 | $0.28 | normal |
| Jun 6, 2016 | Jun 29, 2016 | May 18, 2016 | $0.25 | normal |
| Feb 26, 2016 | Mar 29, 2016 | Feb 9, 2016 | $0.25 | normal |
STE has a payout ratio of 46.7% which is higher than the Healthcare sector and the industry average but lower than its peers average. If we compare it with the Healthcare sector average of 36.4%, STERIS's payout ratio is 28% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| MMM 3M Co | 5.17% | $5.95 | 82.5% |
| KMB Kimberly Clark Corp | 4.03% | $4.62 | 87.2% |
| JNJ Johnson & Johnson | 2.65% | $4.38 | 62.7% |
| ECL Ecolab Inc | 1.35% | $2.04 | 52.8% |
| SYK Stryker Corp | 1.29% | $2.78 | 50.5% |
| STE STERIS plc | 1.02% | $1.76 | 46.7% |
| CNMD CONMED Corp | 0.95% | $0.8 | N/A |
| TMO Thermo Fisher Scientific Inc | 0.21% | $1.16 | 6.1% |
| OMI Owens & Minor Inc | 0.05% | $0.01 | 0.6% |
Yes, STERIS has been paying dividends for the last seven years.
At this point we don't have a record of STE's next dividend date, but based on the current dividend schedule we project that it will likely be in December 2022.
STERIS's last dividend ex-date was on Sep 6, 2022. The dividend amount was $0.47 per share.
STE's annualized dividend per share is $1.76.
STERIS's current dividend yield is 1.02%.
STERIS pays four dividends per year.
STERIS's dividend payout ratio is 46.7%.
STERIS's dividend yield is less than the Healthcare sector average.