Zimmer Biomet Announces Quarterly Dividend for Third Quarter of 2020

Rhea-AI Summary

Zimmer Biomet Holdings has declared a quarterly cash dividend of $0.24 per share for Q3 2020. This dividend will be payable on or about October 30, 2020 to stockholders who are on record as of the close of business on September 30, 2020. The commitment to returning value to shareholders reflects the company's confidence in its financial position and ongoing operations in the musculoskeletal healthcare sector.

Positive

• Declaration of a quarterly cash dividend of $0.24 per share, demonstrating commitment to shareholder returns.

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• None.

WARSAW, Ind., Sept. 10, 2020 /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 third quarter of 2020. The cash dividend of $0.24 per share is payable on or about October 30, 2020 to stockholders of record as of the close of business on September 30, 2020.

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.

 

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SOURCE Zimmer Biomet Holdings, Inc.

FAQ

What is the dividend amount declared by Zimmer Biomet for Q3 2020?

The declared dividend amount is $0.24 per share.

When will the dividend be paid to shareholders?

The dividend is scheduled to be paid on or about October 30, 2020.

What is the record date for the dividend payment from Zimmer Biomet?

The record date for the dividend payment is September 30, 2020.

How often does Zimmer Biomet pay dividends?

Zimmer Biomet typically pays dividends quarterly.