Labcorp Declares Quarterly Dividend

Rhea-AI Summary

Labcorp (NYSE: LH) announced a cash dividend of $0.72 per share, payable on September 9, 2022, to stockholders of record by the close of business on August 18, 2022. The company reported a revenue of $16 billion in FY2021 and operates globally, providing critical life sciences information to facilitate decision-making in healthcare. With over 75,000 employees, Labcorp serves clients in over 100 countries, underscoring its extensive reach and impact in the diagnostics and drug development sectors.

Positive

• Declared a cash dividend of $0.72 per share.
• Reported revenue of $16 billion in FY2021.
• Global operations in over 100 countries.

Negative

• None.

BURLINGTON, N.C.--(BUSINESS WIRE)-- Labcorp (NYSE: LH) (the Company), a leading global life sciences company, announced today that its Board of Directors (the Board) has declared a cash dividend of $0.72 per share of common stock. The dividend will be payable on September 9, 2022, to stockholders of record as of the close of business on August 18, 2022.

About Labcorp

Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With over 75,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $16 billion in FY2021. Learn more about Labcorp at www.Labcorp.com or follow us on LinkedIn and Twitter @Labcorp.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220714005817/en/

Investors: Chas Cook - 336-436-5076

Investor@Labcorp.com

Media: Christopher Allman-Bradshaw - 336-436-8263

Media@Labcorp.com

Source: Labcorp

FAQ

What is the dividend amount declared by Labcorp (LH)?

Labcorp declared a cash dividend of $0.72 per share.

When is the dividend payable for Labcorp (LH)?

The dividend will be payable on September 9, 2022.

What is the record date for Labcorp's (LH) dividend?

The record date for the dividend is August 18, 2022.

How much revenue did Labcorp (LH) report in FY2021?

Labcorp reported revenue of $16 billion in FY2021.

In how many countries does Labcorp (LH) operate?

Labcorp operates in over 100 countries.