Quest Diagnostics Dividend
Dividend criteria checks 5/6
Quest Diagnostics is a dividend paying company with a current yield of 1.94% that is well covered by earnings.
Key information
1.9%
Dividend yield
1.4%
Buyback Yield
| Total Shareholder Yield | 3.3% |
| Future Dividend Yield | 2.0% |
| Dividend Growth | -0.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €3.000 |
| Payout ratio | 39% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: QDI's dividends per share have been stable in the past 10 years.
Growing Dividend: QDI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Quest Diagnostics Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (QDI) | 1.9% |
| Market Bottom 25% (DE) | 1.6% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Healthcare) | 3.1% |
| Analyst forecast (QDI) (up to 3 years) | 2.0% |
Notable Dividend: QDI's dividend (1.94%) is higher than the bottom 25% of dividend payers in the German market (1.64%).
High Dividend: QDI's dividend (1.94%) is low compared to the top 25% of dividend payers in the German market (4.77%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.3%), QDI's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (32.7%), QDI's dividend payments are well covered by cash flows.