Thermo Fisher Scientific (WBO:TMOF) Dividend Payout Ratio : 0.07 (As of Sep. 2024)

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What is Thermo Fisher Scientific Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Thermo Fisher Scientific's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.07.

The historical rank and industry rank for Thermo Fisher Scientific's Dividend Payout Ratio or its related term are showing as below:

WBO:TMOF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.18
Current: 0.07

During the past 13 years, the highest Dividend Payout Ratio of Thermo Fisher Scientific was 0.18. The lowest was 0.04. And the median was 0.09.

WBO:TMOF's Dividend Payout Ratio is ranked better than
96.43% of 56 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.355 vs WBO:TMOF: 0.07

As of today (2024-12-15), the Dividend Yield % of Thermo Fisher Scientific is 0.29%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Thermo Fisher Scientific was 0.50%. The lowest was 0.15%. And the median was 0.26%.

Thermo Fisher Scientific's Dividends per Share for the months ended in Sep. 2024 was €0.35.

During the past 12 months, Thermo Fisher Scientific's average Dividends Per Share Growth Rate was 12.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 16.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 15.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Thermo Fisher Scientific was 16.70% per year. The lowest was 3.60% per year. And the median was 13.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Thermo Fisher Scientific Dividend Payout Ratio Historical Data

The historical data trend for Thermo Fisher Scientific's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thermo Fisher Scientific Dividend Payout Ratio Chart

Thermo Fisher Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.05

0.04

0.05

0.07

Thermo Fisher Scientific Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.06	0.06	0.08	0.07	0.07

Competitive Comparison of Thermo Fisher Scientific's Dividend Payout Ratio

For the Diagnostics & Research subindustry, Thermo Fisher Scientific's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thermo Fisher Scientific's Dividend Payout Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Thermo Fisher Scientific's Dividend Payout Ratio falls into.

Thermo Fisher Scientific Dividend Payout Ratio Calculation

Thermo Fisher Scientific's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	1.284	/	19.761
	=	0.06

Thermo Fisher Scientific's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.351	/	4.757
	=	0.07

Thermo Fisher Scientific (WBO:TMOF) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Thermo Fisher Scientific Dividend Payout Ratio Related Terms

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Thermo Fisher Scientific Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Thermo Fisher Scientific Inc (WBO:TMOF) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

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Address

168 Third Avenue, Waltham, MA, USA, 02451

Website

https://www.thermofisher.com

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2024 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (22%); and lab products and services, which includes CRO services (54%).

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