Page title
Section title
- Dividend Yield
- 1.94%
- Payout Ratio
- 38.88%
- Dividend Amount Per Share
- $2.92
- Last Ex-Dividend Date
- Oct 04, 2024
DGX Dividend Safety
DGX paid out 38.88% of its $854M earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
DGX's Dividend Payout Ratio of 38.881% is considered safe for the Healthcare sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
DGX's Interest Coverage Ratio of 7.625 indicates strong financial health with easy coverage of interest expenses.
Income Quality
DGX shows excellent income quality with a ratio of 1.496. This indicates high-quality earnings and low risk of dividend cuts.
DGX Dividend Growth
Quest Diagnostics Incorporated(DGX) offers a dividend yield of 1.94% and pays $2.92 in dividends per share. Explore the historical dividend growth of DGX.
Dividend Stability
DGX has maintained stable dividend payments over the past 11 years with no cuts over 5%.
Dividend Growth
DGX's dividend payments have increased by 7.191% annually over the last 5 years.
Earnings Growth
DGX's earnings have shown very poor growth, shrinking by -0.093% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
DGX Dividend Yield Attractiveness
Quest Diagnostics Incorporated(DGX) provides a dividend yield of 1.94%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
0.46%
1.10%
1.94%
4.07%
Dividend Yield
DGX's dividend yield of 1.94% is considered good compared to the sector average of 4.065%, providing a strong safety margin for investors.
DGX Cash Flow
Over the past 12 months, DGX generated $9B in revenue, produced $875M in free cash flow, and distributed $323M in dividends.
Free Cash Flow Growth
DGX's free cash flow has grown by 0.493% annually over the last 5 years, suggesting a moderate ability to generate cash and support dividend payments.
DGX Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Quest Diagnostics Incorporated. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.