Zimmer Biomet Announces Quarterly Dividend for First Quarter of 2021

Rhea-AI Summary

Zimmer Biomet Holdings has announced a quarterly cash dividend of $0.24 per share for the first quarter of 2021. The dividend is payable on April 30, 2021, to stockholders of record by March 29, 2021. The company continues to lead in musculoskeletal healthcare, providing a range of products for orthopedic reconstruction, sports medicine, and more. With operations in over 25 countries, Zimmer Biomet aims to enhance patient care through innovative solutions.

Positive

• Quarterly cash dividend of $0.24 per share approved.
• Payment date set for April 30, 2021, indicating continued shareholder returns.

Negative

• None.

WARSAW, Ind., March 11, 2021 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global leader in musculoskeletal healthcare, today announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for the first quarter of 2021. The cash dividend of $0.24 per share is payable on or about April 30, 2021 to stockholders of record as of the close of business on March 29, 2021.

About the Company

Founded in 1927 and headquartered in Warsaw, Indiana, Zimmer Biomet is a global leader in musculoskeletal healthcare. We design, manufacture and market orthopedic reconstructive products; sports medicine, biologics, extremities and trauma products; office-based technologies; spine, craniomaxillofacial and thoracic products; dental implants; and related surgical products.

We collaborate with healthcare professionals around the globe to advance the pace of innovation. Our products and solutions help treat patients suffering from disorders of, or injuries to, bones, joints or supporting soft tissues. Together with healthcare professionals, we help millions of people live better lives.

We have operations in more than 25 countries around the world and sell products in more than 100 countries. For more information, visit www.zimmerbiomet.com, or follow Zimmer Biomet on Twitter at www.twitter.com/zimmerbiomet.

Media		Investors
Meredith Weissman		Keri Mattox
703-346-3127		215-275-2431
meredith.weissman@zimmerbiomet.com		keri.mattox@zimmerbiomet.com
		Ezgi Yagci 617-549-2443 ezgi.yagci@zimmerbiomet.com

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SOURCE Zimmer Biomet Holdings, Inc.

FAQ

What is the amount of the dividend announced by ZBH?

Zimmer Biomet announced a dividend of $0.24 per share.

When will the dividend be paid by Zimmer Biomet?

The dividend will be paid on April 30, 2021.

Who is eligible for the dividend payment from ZBH?

Stockholders of record as of March 29, 2021, are eligible for the dividend.

How often does ZBH pay dividends?

ZBH pays dividends quarterly.

Is the dividend from ZBH sustainable?

The sustainability of the dividend depends on the company’s financial performance and strategy.