Thermo Fisher Scientific Declares Quarterly Dividend

Rhea-AI Summary

Thermo Fisher Scientific Inc. (NYSE: TMO) announces a quarterly cash dividend of $0.35 per common share, payable on January 16, 2024, to shareholders of record as of December 15, 2023. This move reflects the company's commitment to rewarding its shareholders and its confidence in its financial position.

Positive

• Thermo Fisher Scientific Inc. demonstrates financial stability and confidence by offering a quarterly cash dividend, potentially attracting income-focused investors.

Negative

• None.

WALTHAM, Mass.--(BUSINESS WIRE)-- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors authorized a quarterly cash dividend of $0.35 per common share, payable on January 16, 2024, to shareholders of record as of December 15, 2023.

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue over $40 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, increasing productivity in their laboratories, improving patient health through diagnostics or the development and manufacture of life-changing therapies, we are here to support them. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. For more information, please visit www.thermofisher.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231109011053/en/

Media Contact Information:

Sandy Pound

Thermo Fisher Scientific

Phone: 781-622-1223

E-mail: sandy.pound@thermofisher.com

Investor Contact Information:

Rafael Tejada

Thermo Fisher Scientific

Phone: 781-622-1356

E-mail: rafael.tejada@thermofisher.com

Source: Thermo Fisher Scientific Inc.

FAQ

What is the ticker symbol of Thermo Fisher Scientific Inc.?

The ticker symbol of Thermo Fisher Scientific Inc. is TMO.

When will the quarterly cash dividend be payable?

The quarterly cash dividend will be payable on January 16, 2024.

What is the amount of the quarterly cash dividend per common share?

The amount of the quarterly cash dividend per common share is $0.35.

When is the record date for shareholders to receive the dividend?

The record date for shareholders to receive the dividend is December 15, 2023.