Thermo Fisher Scientific Inc. (TMO) To Go Ex-Dividend on September 15th

Thermo Fisher Scientific Inc. (NYSE:TMO) announced a quarterly dividend on Thursday, July 9th. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.47 per share by the medical research company on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Tuesday, September 15th.

Thermo Fisher Scientific has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 8 years. Thermo Fisher Scientific has a dividend payout ratio of 7.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Thermo Fisher Scientific to earn $27.51 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 6.8%.

Thermo Fisher Scientific Stock Up 1.3%

Shares of NYSE TMO opened at $610.97 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.55 and a debt-to-equity ratio of 0.74. The firm has a market cap of $225.90 billion, a PE ratio of 32.87, a P/E/G ratio of 2.55 and a beta of 0.85. The company’s fifty day simple moving average is $580.40 and its 200 day simple moving average is $518.55. Thermo Fisher Scientific has a 12-month low of $435.27 and a 12-month high of $647.00.

Thermo Fisher Scientific (NYSE:TMO) last announced its quarterly earnings data on Thursday, July 23rd. The medical research company reported $6.03 earnings per share for the quarter, beating the consensus estimate of $5.71 by $0.32. The firm had revenue of $11.99 billion for the quarter, compared to analyst estimates of $11.71 billion. Thermo Fisher Scientific had a net margin of 15.04% and a return on equity of 17.09%. The business’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $4.28 earnings per share. Thermo Fisher Scientific has set its FY 2026 guidance at 24.930-25.330 EPS. As a group, sell-side analysts forecast that Thermo Fisher Scientific will post 25.13 earnings per share for the current fiscal year.

Thermo Fisher Scientific Company Profile

Thermo Fisher Scientific Inc is a global supplier of scientific equipment, laboratory services and analytical technologies. The company serves pharmaceutical and biotechnology companies, clinical laboratories, academic and government institutions, industrial businesses and other research organizations.

Its products and services include laboratory instruments, analytical systems, reagents, consumables, software and related services. Thermo Fisher also provides laboratory supplies and equipment, bioproduction solutions, genetic analysis technologies, clinical diagnostics, specialty diagnostic products and contract research and manufacturing services through its laboratory services businesses.

The company was formed in 2006 through the merger of Thermo Electron Corporation and Fisher Scientific International.