Back to TMO overview

TMO Thermo Fisher Scientific dividend history, payout ratio & dates

Thermo Fisher Scientific's latest quarterly cash dividend of $0.3 per share was issued to shareholders on record before Sep 14, 2022. The dividend distribution stands at $1.16 per share annually, which comes to a dividend yield of 0.21%.

Key dates

  • TMO last dividend date: Sep 14, 2022
  • TMO next dividend date: Dec 14, 2022
TMO dividend stats
DPS
$1.16
Dividend yield
0.21%
Payout ratio
6.5%
vs. Healthcare sector
Dividend yield
1.68%
Payout ratio
37.8%

Dividend yield

What is Thermo Fisher Scientific current dividend yield

TMO has a dividend yield of 0.21% which is below the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 1.68%, Thermo Fisher Scientific's dividend yield is 88% lower. Historically TMO's dividend yield has averaged at 0.2% in the last 5 years, which is above the current yield.

Dividend history

What is TMO dividend payout history and dates

Thermo Fisher Scientific has a dividend history dating as far as 1996, but consistently the company has been paying dividends for the last ten consecutive years. Our records show that TMO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 16% since twelve months ago. And with the price of the stock down by 15% from a year ago, the dividend yield has an increase of 34%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 14, 2022 Oct 14, 2022 Jul 7, 2022 $0.3 normal
Jun 14, 2022 Jul 15, 2022 May 18, 2022 $0.3 normal
Mar 15, 2022 Apr 14, 2022 Feb 23, 2022 $0.3 normal
Dec 14, 2021 Jan 14, 2022 Nov 4, 2021 $0.26 normal
Sep 14, 2021 Oct 15, 2021 Jul 8, 2021 $0.26 normal
Jun 14, 2021 Jul 15, 2021 May 19, 2021 $0.26 normal
Mar 15, 2021 Apr 16, 2021 Feb 23, 2021 $0.26 normal
Dec 14, 2020 Jan 15, 2021 Nov 5, 2020 $0.22 normal
Sep 14, 2020 Oct 15, 2020 Jul 9, 2020 $0.22 normal
Jun 12, 2020 Jul 15, 2020 May 20, 2020 $0.22 normal
Mar 13, 2020 Apr 16, 2020 Feb 25, 2020 $0.22 normal
Dec 16, 2019 Jan 15, 2020 Nov 8, 2019 $0.19 normal
Sep 16, 2019 Oct 15, 2019 Jul 11, 2019 $0.19 normal
Jun 13, 2019 Jul 16, 2019 May 23, 2019 $0.19 normal
Mar 14, 2019 Apr 16, 2019 Feb 26, 2019 $0.19 normal
Dec 14, 2018 Jan 15, 2019 Nov 8, 2018 $0.17 normal
Sep 14, 2018 Oct 15, 2018 Jul 13, 2018 $0.17 normal
Jun 14, 2018 Jul 16, 2018 May 24, 2018 $0.17 normal
Mar 14, 2018 Apr 16, 2018 Jan 31, 2018 $0.17 normal
Dec 14, 2017 Jan 15, 2018 Nov 9, 2017 $0.15 normal
Sep 14, 2017 Oct 16, 2017 Jul 12, 2017 $0.15 normal
Jun 13, 2017 Jul 17, 2017 May 18, 2017 $0.15 normal
Mar 13, 2017 Apr 17, 2017 Feb 28, 2017 $0.15 normal
Dec 13, 2016 Jan 16, 2017 $0.15 normal
Sep 13, 2016 Oct 17, 2016 Jul 7, 2016 $0.15 normal
Jun 13, 2016 Jul 15, 2016 May 18, 2016 $0.15 normal
Mar 11, 2016 Apr 15, 2016 Feb 25, 2016 $0.15 normal
Dec 11, 2015 Jan 15, 2016 Nov 12, 2015 $0.15 normal
Sep 11, 2015 Oct 15, 2015 Jul 10, 2015 $0.15 normal
Jun 11, 2015 Jul 15, 2015 May 21, 2015 $0.15 normal

Thermo Fisher Scientific dividend payout ratio

What is Thermo Fisher Scientific dividend payout ratio compared to the sector

Payout ratio

TMO has a payout ratio of 6.5% which is lower than the Healthcare sector, the industry and its peers average. In comparison with the Healthcare sector average of 37.8%, Thermo Fisher Scientific's payout ratio is 83% lower.

Total amount of dividends paid per financial year (from cash flow)

TMO dividend vs peer dividends

How does TMO dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
BAX Baxter International Inc 2.07% $1.14 N/A
BDX Becton Dickinson & Co 1.47% $3.48 58.7%
TFX Teleflex Inc 0.61% $1.36 15.4%
A Agilent Technologies Inc 0.55% $0.84 19%
GE General Electric Co 0.37% $0.32 N/A
DHR Danaher Corp 0.37% $0.96 10.4%
TMO Thermo Fisher Scientific Inc 0.21% $1.16 6.5%
PKI Perkinelmer Inc 0.21% $0.28 5.7%

Frequently asked questions

Does Thermo Fisher Scientific pay a dividend?

Yes, Thermo Fisher Scientific has paid four dividends in the last twelve months. TMO has been paying dividends since 2012.

When is Thermo Fisher Scientific's next dividend?

TMO has announced its next dividend with ex-date Dec 14, 2022.

When was TMO's last dividend?

Thermo Fisher Scientific's last regular dividend was on Sep 14, 2022 (ex-date) with the amount of $0.3 per share.

How much dividend does Thermo Fisher Scientific pay (per share)?

On an annual basis TMO pays $1.16 per share.

What is Thermo Fisher Scientific's dividend yield?

Currently Thermo Fisher Scientific's dividend yield is 0.21%.

How often does Thermo Fisher Scientific pay dividends?

Thermo Fisher Scientific pays dividends quarterly.

What is Thermo Fisher Scientific's dividend payout ratio?

Thermo Fisher Scientific's dividend payout ratio is 6.5%.

Does Thermo Fisher Scientific pay a good dividend?

Thermo Fisher Scientific's dividend yield is below the Healthcare sector average.