Thermo Fisher Scientific Inc. (TMO) Dividends

Thermo Fisher Scientific Inc. (TMO): $544.78

3.26 (+0.60%)

POWR Rating

Component Grades

Momentum

D

Stability

B

Sentiment

Quality

C

Dividend Yield and Dividend History Highlights

  • If price volatilty is something you're paying attention to when building your dividend portfolio, know that TMO has less fluctuation in its price than 96.02% of stocks we're observing.
  • As for stocks whose price is uncorrelated with TMO's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: RIO, ACA, LFC, ITRN and SLRX.
TMO Ex-Dividend Date
TMO Dividend Yield
0.29%
TMO Annual Dividend
$1.56
TMO Payout Ratio

TMO Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$544.78$61.04 -89.32%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. In the case of TMO, the dividend discount model StockNews created for the company implies a negative return of 89.32%. Digging deeper, the aspects of Thermo Fisher Scientific Inc's dividend discount model that we found most interesting were:

  • Compared to other US stocks that pay a dividend, Thermo Fisher Scientific Inc's dividend yield of 0.21% is in the bottom 1.33%.
  • Regarding its relative worth based on the dividend discount model, Thermo Fisher Scientific Inc's estimated return of -89.32% surpasses about 5.74% of dividend issuers we applied the dividend discount model to.


TMO Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-03-14Dividend$0.39+11.43%
2023-12-14Dividend$0.35--
2023-09-14Dividend$0.35--
2023-06-14Dividend$0.35--
2023-03-14Dividend$0.35+16.67%
2022-12-14Dividend$0.30--
2022-09-14Dividend$0.30--
2022-06-14Dividend$0.30--
2022-03-15Dividend$0.30+15.38%
2021-12-14Dividend$0.26--
2021-09-14Dividend$0.26--
2021-06-14Dividend$0.26--
2021-03-15Dividend$0.26+18.18%
2020-12-14Dividend$0.22--
2020-09-14Dividend$0.22--
2020-06-12Dividend$0.22--
2020-03-13Dividend$0.22+15.79%
2019-12-16Dividend$0.19--
2019-09-16Dividend$0.19--
2019-06-13Dividend$0.19--
2019-03-14Dividend$0.19+11.76%
2018-12-14Dividend$0.17--
2018-09-14Dividend$0.17--
2018-06-14Dividend$0.17--
2018-03-14Dividend$0.17+13.33%
2017-12-14Dividend$0.15--
2017-09-14Dividend$0.15--
2017-06-13Dividend$0.15--
2017-03-13Dividend$0.15--
2016-12-13Dividend$0.15--
2016-09-13Dividend$0.15--
2016-06-13Dividend$0.15--
2016-03-11Dividend$0.15--
2015-12-11Dividend$0.15--
2015-09-11Dividend$0.15--
2015-06-11Dividend$0.15--
2015-03-12Dividend$0.15--
2014-12-11Dividend$0.15--
2014-09-11Dividend$0.15--
2014-06-12Dividend$0.15--
2014-03-13Dividend$0.15--
2013-12-12Dividend$0.15--
2013-09-12Dividend$0.15--
2013-06-13Dividend$0.15--
2013-03-13Dividend$0.15--
2012-12-13Dividend$0.15+15.38%
2012-09-13Dividend$0.13--
2012-06-13Dividend$0.13--
2012-03-13Dividend$0.13-94.84%
2001-11-16Dividend$2.52+207.32%
2001-08-09Dividend$0.82+446.67%
2001-05-30Dividend$0.15+200.00%
1996-06-06Split3-2-for-1 Stock SplitN/A
1993-08-06Dividend$0.15--


TMO Dividends vs. Peers

TMO's dividend yield currently ranks #25 of 86 vs. its peers in the Medical - Diagnostics/Research category.
Rank Symbol Name Dividend Yield
1 BIOC Biocept, Inc. 0.00%
2 DRIO DarioHealth Corp. 0.00%
3 DGX Quest Diagnostics Inc. 0.00%
4 NEO NeoGenomics, Inc. 0.00%
5 NEOG Neogen Corporation 0.00%
6 DHR Danaher Corp. 0.00%
7 CNTG CENTOGENE N.V. 0.00%
8 PMD Psychemedics Corporation 0.00%
9 ONVO Organovo Holdings, Inc. 0.00%
10 ICLR ICON PLC 0.00%
11 LNTH Lantheus Holdings, Inc. 0.00%
12 PRAH PRA Health Sciences, Inc. 0.00%
13 WAT Waters Corp. 0.00%
14 NRCIB National Research Corporation 0.00%
15 NSTG NanoString Technologies, Inc. 0.00%
16 OCX OncoCyte Corporation 0.00%
17 NTRA Natera, Inc. 0.00%
18 IDXG Interpace Biosciences, Inc. 0.00%
19 PRXL PAREXEL International Corporation 0.00%
20 BRKR Bruker Corporation 0.00%
21 NVDQ Novadaq Technologies Inc 0.00%
22 SYNH Syneos Health, Inc. - 0.00%
23 GENE Genetic Technologies Ltd. ADR 0.00%
24 BIO Bio-Rad Laboratories Inc. CI A 0.00%
25 TMO Thermo Fisher Scientific Inc. 0.00%
26 LOGC LogicBio Therapeutics, Inc. 0.00%
27 MYNZ Mainz Biomed B.V. 0.00%
28 GHDX Genomic Health, Inc. 0.00%
29 VNRX VolitionRX Limited 0.00%
30 TROV TrovaGene, Inc. 0.00%
31 MDXH MDxHealth SA 0.00%
32 QTRX Quanterix Corporation 0.00%
33 CO Global Cord Blood Corporation 0.00%
34 NVTA Invitae Corporation 0.00%
35 CODX Co-Diagnostics, Inc. 0.00%
36 QDEL Quidel Corporation 0.00%
37 QGEN Qiagen N.V. 0.00%
38 PRE Prenetics Group Limited 0.00%
39 ANIX Anixa Biosciences, Inc. 0.00%
40 SQL SeqLL, Inc. 0.00%
41 SMLR Semler Scientific Inc. 0.00%
42 IQV IQVIA Holdings Inc. 0.00%
43 EXAS Exact Sciences Corp. 0.00%
44 OPGN OpGen, Inc. 0.00%
45 MTD Mettler-Toledo International Inc. 0.00%
46 CRL Charles River Laboratories International Inc. 0.00%
47 OLK Olink Holding AB (publ) 0.00%
48 RDNT RadNet, Inc. 0.00%
49 CDNA CareDx, Inc. 0.00%
50 BVS Bioventus Inc. 0.00%
51 OPK OPKO Health Inc. 0.00%
52 OXFD Oxford Immunotec Global PLC - Ordinary Shares 0.00%
53 ENZ Enzo Biochem, Inc. ($0.01 Par Value) 0.00%
54 HBIO Harvard Bioscience, Inc. 0.00%
55 KANG iKang Healthcare Group, Inc. 0.00%
56 CEMI Chembio Diagnostics, Inc. 0.00%
57 LH Laboratory Corp. of America Holdings 0.00%
58 PACB Pacific Biosciences of California, Inc. 0.00%
59 SRDX Surmodics, Inc. 0.00%
60 CELC Celcuity Inc. 0.00%
61 LMDX LumiraDx Limited 0.00%
62 ABAX ABAXIS, Inc. 0.00%
63 A Agilent Technologies Inc. 0.00%
64 AXDX Accelerate Diagnostics, Inc. 0.00%
65 MXCT MaxCyte, Inc. 0.00%
66 SHC Sotera Health 0.00%
67 CGIX Cancer Genetics, Inc. 0.00%
68 FLDM Fluidigm Corporation 0.00%
69 BASI Bioanalytical Systems, Inc. 0.00%
70 XGN EXAGEN INC. 0.00%
71 FLGT Fulgent Genetics, Inc. 0.00%
72 ME 23andMe Holding Co. Class A Common Stock 0.00%
73 FMI Foundation Medicine, Inc. 0.00%
74 ISPC iSpecimen Inc. 0.00%
75 VIVO Meridian Bioscience Inc. 0.00%
76 MYGN Myriad Genetics, Inc. 0.00%
77 SENS Senseonics Holdings, Inc. 0.00%
78 BEAT BioTelemetry, Inc. 0.00%
79 AKU Akumin Inc. 0.00%
80 HSKA Heska Corporation 0.00%
81 DMTK DermTech, Inc. 0.00%
82 BMRA Biomerica, Inc. 0.00%
83 BRBR BELLRING BRANDS, INC. 0.00%
84 IRTC iRhythm Technologies, Inc. 0.00%
85 HTGM HTG Molecular Diagnostics, Inc. 0.00%
86 VRML Vermillion, Inc. 0.00%

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