Thermo Fisher Scientific increases dividend by 15.8 percent in 2020 Dividendhike.com | Dividend News and Statistics for US Equities

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

Thermo Fisher hikes dividend by 15.8%

Tuesday 25 February 2020

Thermo Fisher Scientific (TMO) will raise its quarterly dividend by 15.8 percent to $0.22 per share in 2020. The company initiated a quarterly dividend in 2012 and increased its payout three times since 2018.

The next dividend is payable on April 16, 2020, to shareholders of record as of March 16, 2020. A new annualized rate of 88 cents yields 0.3% at a stock price of $310.17.

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.

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