This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Laboratory Corporation of America Holdings Dividend

Dividend criteria checks 2/6

Laboratory of America Holdings is a dividend paying company with a current yield of 1.38% that is well covered by earnings.

Key information

1.4%

Dividend yield

26%

Payout ratio

Industry average yield1.6%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$11.29
Dividend yield forecast1.0%

Recent dividend updates

No updates

Recent updates

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Too early to tell whether LH.WI's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if LH.WI's dividend payments are increasing as they only just started paying a dividend.


Dividend Yield vs Market

Laboratory Corporation of America Holdings Dividend Yield vs Market
How does LH.WI dividend yield compare to the market?
SegmentDividend Yield
Company (LH.WI)1.4%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Healthcare)1.6%
Analyst forecast (LH.WI) (up to 3 years)1.0%

Notable Dividend: LH.WI's dividend (1.38%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.57%).

High Dividend: LH.WI's dividend (1.38%) is low compared to the top 25% of dividend payers in the US market (4.92%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25.9%), LH.WI's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (20.2%), LH.WI's dividend payments are well covered by cash flows.


Discover strong dividend paying companies