Thermo Fisher As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
TMO $1.40 16.7% 15.4% 18.2%
Business yield Hike yrs 5 yr CAGR freq. paid since
Life Sciences & Diagnostics 0.3% 6 15.5% Quarter 2012

Thermo Fisher Scientific (TMO) will raise its quarterly dividend by 13.3 percent to $0.17 per share in the first quarter of 2018. This marks the first dividend increase since 2012, the same year the company initiated its dividend.

The increased dividend is payable on April 16, 2018, to shareholders of record as of March 15, 2018. The new dividend yield is 0.3%.

Thermo Fisher Scientific Inc. makes products that help its customers accelerate life sciences research, solve complex analytical challenges, improve patient diagnostics, deliver medicines to market and increase laboratory productivity. The company's segments are Analytical Instruments, Life Sciences Solutions, Specialty Diagnostics and Laboratory Products & Services. Thermo Fisher's brands include Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific and Unity Lab Services. The company has been paying a dividend every year since 2012.