Page title
Section title
- Dividend Yield
- 0.26%
- Payout Ratio
- 9.13%
- Dividend Amount Per Share
- $1.48
- Last Ex-Dividend Date
- Sep 13, 2024
TMO Dividend Safety
TMO paid out 9.13% of its $6B earnings as dividends over the last 12 months.
Very Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
TMO's Dividend Payout Ratio of 9.13% is considered safe for the Healthcare sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
TMO's Interest Coverage Ratio of 10.49 indicates strong financial health with easy coverage of interest expenses.
Income Quality
TMO shows excellent income quality with a ratio of 1.402. This indicates high-quality earnings and low risk of dividend cuts.
TMO Dividend Growth
Thermo Fisher Scientific Inc.(TMO) offers a dividend yield of 0.26% and pays $1.48 in dividends per share. Explore the historical dividend growth of TMO.
Dividend Stability
TMO has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
TMO's dividend payments have increased by 15.468% annually over the last 5 years.
Earnings Growth
TMO's earnings have grown by 10.157% annually over the last 5 years. This strong earnings growth suggests a stable and increasing income stream, supporting the sustainability and potential growth of dividend payouts.
TMO Dividend Yield Attractiveness
Thermo Fisher Scientific Inc.(TMO) provides a dividend yield of 0.26%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
0.26%
0.44%
1.10%
4.07%
Dividend Yield
TMO's dividend yield of 0.26% is considered good compared to the sector average of 4.065%, providing a strong safety margin for investors.
TMO Cash Flow
Over the past 12 months, TMO generated $42B in revenue, produced $8B in free cash flow, and distributed $555M in dividends.
Free Cash Flow Growth
TMO's free cash flow has grown by 11.348% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
TMO 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 Thermo Fisher Scientific Inc.. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.