Dividend Details
Calculate TMO Dividend Income
Quick Facts
- Yield: 0.35%
- Frequency: Quarterly
- Sector: Life Sciences Tools & Services
- Payout: 9%
About Thermo Fisher Scientific Inc
Thermo Fisher Scientific Inc is a dividend-paying stock.
TMO Dividend FAQ
What is TMO's current dividend yield and payout?
TMO currently yields 0.35% annually, paying $1.68 per share per year based on a share price of $543.19. This translates to $0.4201 per share per quarter. The payout ratio is 9%, which is conservative and well-covered by earnings.
How often does TMO pay dividends?
TMO distributes dividends quarterly, following the standard schedule of most S&P 500 companies. Quarterly payments typically arrive in March, June, September, and December, though exact dates vary. Each payment is approximately $0.4201 per share.
How much does $10,000 invested in TMO pay in dividends?
A $10,000 investment in TMO at $543.19 per share buys approximately 18 shares. At the current 0.35% yield, this generates approximately $35 per year, or $3 per month in dividend income before taxes.
Is TMO's dividend sustainable?
With a payout ratio of 9%, TMO retains a significant portion of earnings for reinvestment and dividend growth, suggesting the current payout is well-covered and sustainable.
TMO Dividend Investing Guide
Thermo Fisher Scientific Inc (TMO) represents a compelling opportunity for dividend investors seeking dividend growth potential in their portfolios. As a life sciences tools & services sector stock, TMO offers exposure to sector-specific opportunities.
Investors considering TMO should evaluate both the current yield and potential for dividend growth. The quarterly payment schedule provides regular income, while the stock's fundamentals determine long-term dividend sustainability and growth potential.
To maximize returns from TMO dividends, consider strategies like dividend reinvestment (DRIP) to compound growth over time, tax-efficient account placement for qualified dividends, and portfolio diversification across sectors and payment schedules. Use our DRIP calculator to project long-term growth or our tax calculator to estimate after-tax income from your TMO investment.