Thermo Fisher Scientific Declares Quarterly Dividend

Rhea-AI Summary

Thermo Fisher Scientific Inc. (NYSE: TMO) announced a quarterly cash dividend of $0.30 per common share, payable on January 16, 2023, to shareholders on record as of December 15, 2022. The company reported annual revenue of approximately $40 billion, emphasizing its commitment to supporting customers in life sciences research, diagnostics, and therapeutic development. Thermo Fisher continues to lead the industry with innovative technologies and services.

Positive

• Quarterly cash dividend of $0.30 per share, reflecting positive cash flow and shareholder return.
• Annual revenue of approximately $40 billion indicates strong market position and financial stability.

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 $0.30 per common share, payable on January 16, 2023, to shareholders of record as of December 15, 2022.

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue of approximately $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/20221110006099/en/

Media Contact Information:

Sandy Pound

781-622-1223

sandy.pound@thermofisher.com

Investor Contact Information:

Rafael Tejada

781-622-1356

rafael.tejada@thermofisher.com

Source: Thermo Fisher Scientific Inc.

FAQ

What is the dividend amount announced by Thermo Fisher Scientific?

Thermo Fisher Scientific announced a quarterly dividend of $0.30 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 16, 2023.

What is the record date for the dividend from Thermo Fisher Scientific?

The record date for the dividend is December 15, 2022.

How does Thermo Fisher Scientific's annual revenue reflect its market position?

Thermo Fisher Scientific has an annual revenue of approximately $40 billion, showcasing its leadership in serving science.