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Synlab AG (FRA:SYAB) Dividend Yield % : 3.21% (As of May. 13, 2024)


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What is Synlab AG Dividend Yield %?

As of today (2024-05-13), the Trailing Annual Dividend Yield of Synlab AG is 3.21%.

The historical rank and industry rank for Synlab AG's Dividend Yield % or its related term are showing as below:

FRA:SYAB' s Dividend Yield % Range Over the Past 10 Years
Min: 1.73   Med: 3.06   Max: 4.84
Current: 3.21

During the past 4 years, the highest Dividend Yield of Synlab AG was 4.84%. The lowest was 1.73%. And the median was 3.06%.

FRA:SYAB's Dividend Yield % is ranked better than
77.46% of 71 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.02 vs FRA:SYAB: 3.21

Synlab AG's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Synlab AG is 5.16, which seems too high.

During the past 4 years, the highest Dividend Payout Ratio of Synlab AG was 5.16. The lowest was 0.29. And the median was 1.22.

As of today (2024-05-13), the Forward Dividend Yield % of Synlab AG is 3.21%.

Synlab AG's Dividends per Share for the three months ended in Dec. 2023 was €0.00.

The growth rate is calculated with least square regression.

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


Synlab AG Dividend Yield % Historical Data

The historical data trend for Synlab AG's Dividend Yield % 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.

Synlab AG Dividend Yield % Chart

Synlab AG Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Yield %
- - 2.86 2.89

Synlab AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.86 3.44 3.69 3.24 2.89

Competitive Comparison of Synlab AG's Dividend Yield %

For the Diagnostics & Research subindustry, Synlab AG's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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.


Synlab AG's Dividend Yield % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Synlab AG's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Synlab AG's Dividend Yield % falls into.



Synlab AG Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Synlab AG Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
EUR 0.3300002023-05-182023-05-192023-05-23Cash DividendannuallyEUR:EUR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Synlab AG's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.33/10.28
=3.21 %

Current Share Price is €10.28.
Synlab AG's Dividends per Share for the trailing twelve months (TTM) ended in Today is €0.33.

Synlab AG's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.33/10.28
=3.21 %

Current Share Price is €10.28.
Synlab AG's Dividends per Share for the forward twelve months is calculated as €0.33 * 1 = €0.33.

* 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.


Synlab AG  (FRA:SYAB) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, 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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Synlab AG Dividend Yield % Related Terms

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Synlab AG (FRA:SYAB) Business Description

Traded in Other Exchanges
Address
Moosacher Strasse 88, Augsburg, BY, DEU, 80809
Synlab AG is a medical diagnostics services provider in Europe. It offers a range of medical diagnostic services for practising doctors, clinics, and patients. Its geographical segments include France; Germany; South and North and East. The company derives a majority of revenue from the North and East.

Synlab AG (FRA:SYAB) Headlines

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