Labcorp Holdings Dividend
Dividend criteria checks 2/6
Labcorp Holdings is a dividend paying company with a current yield of 1.47% that is well covered by earnings.
Key information
1.5%
Dividend yield
62%
Payout ratio
Industry average yield | 2.1% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | US$4.74 |
Dividend yield forecast in 3Y | 1.5% |
Recent dividend updates
Recent updates
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 2 years, and since then payments have not increased.
Dividend Yield vs Market
Labcorp Holdings Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (0JSY) | 1.5% |
Market Bottom 25% (GB) | 2.1% |
Market Top 25% (GB) | 5.7% |
Industry Average (Healthcare) | 2.1% |
Analyst forecast in 3 Years (0JSY) | 1.5% |
Notable Dividend: 0JSY's dividend (1.47%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (2.06%).
High Dividend: 0JSY's dividend (1.47%) is low compared to the top 25% of dividend payers in the UK market (5.67%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.1%), 0JSY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (31.7%), 0JSY's dividend payments are well covered by cash flows.