Labcorp Holdings Dividends and Buybacks
Dividend criteria checks 2/6
Labcorp Holdings is a dividend paying company with a current yield of 1.2% that is well covered by earnings. Next payment date is on 13th December, 2024 with an ex-dividend date of 26th November, 2024.
Key information
1.2%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 2.0% |
| Future Dividend Yield | 1.3% |
| Dividend Growth | 2.4% |
| Next dividend pay date | 13 Dec 24 |
| Ex dividend date | 26 Nov 24 |
| Dividend per share | US$2.880 |
| Payout ratio | 56% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 0JSY has been paying a dividend for less than 10 years.
Growing Dividend: 0JSY has only been paying a dividend for 3 years, and since then payments have not increased.
Dividend Yield vs Market
| Labcorp Holdings Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (0JSY) | 1.2% |
| Market Bottom 25% (GB) | 2.1% |
| Market Top 25% (GB) | 5.9% |
| Industry Average (Healthcare) | 2.2% |
| Analyst forecast (0JSY) (up to 3 years) | 1.3% |
Notable Dividend: 0JSY's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.11%).
High Dividend: 0JSY's dividend (1.2%) is low compared to the top 25% of dividend payers in the UK market (5.88%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.7%), 0JSY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (28.6%), 0JSY's dividend payments are well covered by cash flows.