Thermo Fisher Scientific Increases Quarterly Dividend

Rhea-AI Summary

Thermo Fisher Scientific (NYSE: TMO) announced a quarterly cash dividend of $0.26 per common share, reflecting an 18% increase from the prior $0.22 payment. The dividend is payable on April 16, 2021, to shareholders of record by March 16, 2021. With annual revenues exceeding $30 billion, Thermo Fisher continues to lead in serving scientific needs globally, supporting research and improving diagnostics through its renowned brands.

Positive

• Quarterly cash dividend increased by 18% to $0.26.
• Strong financial performance with over $30 billion in annual revenue.

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• None.

WALTHAM, Mass., Feb. 23, 2021 /PRNewswire/ -- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors has authorized a quarterly cash dividend of $0.26 per common share, payable on April 16, 2021, to shareholders of record as of March 16, 2021. This reflects an 18% increase over the previous dividend payment of $0.22.

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $30 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, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them. Our global team of more than 80,000 colleagues 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 and Patheon. For more information, please visit www.thermofisher.com. 

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Media Contact Information:
Ron O'Brien
781-622-1242
ron.obrien@thermofisher.com
www.thermofisher.com 

Investor Contact Information:
Rafael Tejada
781-622-1356
rafael.tejada@thermofisher.com

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SOURCE Thermo Fisher Scientific

FAQ

What is the new quarterly dividend amount for TMO?

The new quarterly dividend amount for Thermo Fisher Scientific (TMO) is $0.26 per share.

When will the dividend for TMO be paid?

The dividend for Thermo Fisher Scientific (TMO) will be paid on April 16, 2021.

What was the previous dividend amount for TMO?

The previous dividend amount for Thermo Fisher Scientific (TMO) was $0.22 per share.

When is the record date for TMO's dividend?

The record date for Thermo Fisher Scientific's (TMO) dividend is March 16, 2021.

How often does TMO pay dividends?

Thermo Fisher Scientific (TMO) pays dividends quarterly.