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Laboratory Corporation of America Holdings Stock

Laboratory Corporation of America Holdings Dividend 2024

Laboratory Corporation of America Holdings Dividend

2.88 USD

Laboratory Corporation of America Holdings Dividend yield

1.29 %

Ticker

LH

ISIN

US50540R4092

WKN

895308

How much dividend does Laboratory Corporation of America Holdings 2024 pay?

According to the latest status from October 2024, Laboratory Corporation of America Holdings paid a total of 2.88 USD per share in dividends within the last 12 months. With the current Laboratory Corporation of America Holdings price of 223.48 USD, this corresponds to a dividend yield of 1.29 %. A dividend is paid times per year.

1.29 % Dividend Yield=
2.88 USD Dividend
223.48 USD Stock Price

Historical Laboratory Corporation of America Holdings Dividends

A dividend is paid times per year. Last year, the payout months were March, June, September and December.

PaydateDividend
9/29/20240.72
6/28/20240.72
6/24/20240.72
3/26/20240.72
12/7/20230.72
9/7/20230.72
6/17/20230.72
3/22/20230.72
12/16/20220.72
9/17/20220.72
6/18/20220.72
4/29/19940.08
1/29/19940.08
10/29/19930.08
7/29/19930.08
5/1/19930.08
1/29/19930.08
10/28/19920.08
7/26/19920.08
5/1/19920.07
1
2

Laboratory Corporation of America Holdings dividend history and estimates

In 2023, Laboratory Corporation of America Holdings paid a dividend amounting to 2.88 USD. Dividend means that Laboratory Corporation of America Holdings distributes a portion of its profits to its owners.

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Dividend
Dividend (Estimate)
Details

Dividend

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Dividend Overview

The dividend per year chart for Laboratory Corporation of America Holdings provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Laboratory Corporation of America Holdings’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Laboratory Corporation of America Holdings's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Laboratory Corporation of America Holdings Dividend History

DateLaboratory Corporation of America Holdings Dividend
2028e3.19 undefined
2027e3.19 undefined
2026e3.19 undefined
2025e3.19 undefined
2024e3.19 undefined
20232.88 undefined
20222.16 undefined

Is the Laboratory Corporation of America Holdings Dividend Safe?

Laboratory Corporation of America Holdings has been increasing the dividend for 2 years.

Over the past 10 years, Laboratory Corporation of America Holdings has increased it by an annual 0 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 5.218% for the current fiscal year.

Laboratory Corporation of America Holdings dividend payout ratio

In 2023, Laboratory Corporation of America Holdings had a payout ratio of 15.47%. The payout ratio indicates the percentage of the company's profits that Laboratory Corporation of America Holdings distributes as dividends.

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Payout ratio
Details

Payout ratio

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What is Yearly Payout Ratio?

The yearly payout ratio for Laboratory Corporation of America Holdings represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Laboratory Corporation of America Holdings could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Laboratory Corporation of America Holdings's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Laboratory Corporation of America Holdings Payout Ratio History

DateLaboratory Corporation of America Holdings Payout ratio
2028e15.47 %
2027e15.47 %
2026e15.47 %
2025e15.47 %
2024e15.47 %
202315.47 %
202215.47 %
202115.47 %
202015.47 %
201915.47 %
201815.47 %
201715.47 %
201615.47 %
201515.47 %
201415.47 %
201315.47 %
201215.47 %
201115.47 %
201015.47 %
200915.47 %
200815.47 %
200715.47 %
200615.47 %
200515.47 %
200415.47 %

Dividend Details

Understanding Laboratory Corporation of America Holdings's Dividend Distributions

Laboratory Corporation of America Holdings’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Laboratory Corporation of America Holdings's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Laboratory Corporation of America Holdings's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Laboratory Corporation of America Holdings’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Laboratory Corporation of America Holdings Aktienanalyse

What does Laboratory Corporation of America Holdings do?

The Laboratory Corporation of America Holdings, also known as LabCorp, is an American company that has been operating in the medical diagnostics industry since 1978. It was founded by a doctor and a laboratory scientist with the goal of simplifying and improving the diagnostic process. LabCorp is now the largest independent diagnostic company in the world, with over 60,000 employees. LabCorp's business model is to contribute to the prevention, diagnosis, and treatment of diseases through its comprehensive diagnostic services. The company offers a wide range of medical laboratory tests, clinical studies, and DNA analysis services. LabCorp operates more than 2,000 locations in the United States, Canada, and Europe, and provides its services worldwide. LabCorp is divided into three business segments: Diagnostics, Drug Development, and CRO (contract research organization). Under the Diagnostics segment, the company offers laboratory tests for clinical detection, cancer diagnosis, genetic testing, and more. The company specializes in blood, body fluid, and tissue analyses and also offers a variety of specialized tests to answer specific medical questions. LabCorp's Drug Development segment aims to accelerate and improve drug development through its comprehensive clinical studies. The company assists with study coordination and compliance with regulatory requirements to ensure accurate and reliable study results. LabCorp's CRO segment offers clinical study services, including study planning, design, execution, and analysis. This enables the company to develop groundbreaking treatment options for diseases that do not yet have adequate therapies. LabCorp is also heavily involved in the development of personalized diagnostics to provide patients with even more accurate diagnosis and treatment options. LabCorp offers a wide range of products. The company is a leading provider of clinical laboratory services and offers a broad range of laboratory tests for infections, hormonal disorders, autoimmune diseases, allergies, and cancer. Some of the specialized tests offered by LabCorp include genetic testing for cancer diagnosis and inherited metabolic disorders. In the Drug Development segment, the company offers a wide range of clinical studies aimed at developing new drugs and therapies. LabCorp also utilizes its DNA identification services to confirm the identity of individuals or assist in forensic cases. In summary, LabCorp is a successful company specialized in medical diagnostics. Over the past 40 years, the company has experienced impressive growth and positioned itself as a leading provider of clinical laboratory services. With its wide range of diagnostic services, clinical studies, and DNA identification services, LabCorp provides innovative solutions for the medical challenges of the future. Laboratory Corporation of America Holdings is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Laboratory Corporation of America Holdings stock

How much dividend does Laboratory Corporation of America Holdings pay?

Over the past 12 months, Laboratory Corporation of America Holdings paid a dividend of 2.88 USD . This corresponds to a dividend yield of about 1.29 %. For the coming 12 months, Laboratory Corporation of America Holdings is expected to pay a dividend of 3.19 USD.

What is the dividend yield of Laboratory Corporation of America Holdings?

The current dividend yield of Laboratory Corporation of America Holdings is 1.29 %.

When does Laboratory Corporation of America Holdings pay dividends?

Laboratory Corporation of America Holdings pays a quarterly dividend. This is distributed in the months of March, June, June, September.

How secure is the dividend of Laboratory Corporation of America Holdings?

Laboratory Corporation of America Holdings paid dividends every year for the past 7 years.

What is the dividend of Laboratory Corporation of America Holdings?

For the upcoming 12 months, dividends amounting to 3.19 USD are expected. This corresponds to a dividend yield of 1.43 %.

In which sector is Laboratory Corporation of America Holdings located?

Laboratory Corporation of America Holdings is assigned to the 'Health' sector.

Wann musste ich die Aktien von Laboratory Corporation of America Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Laboratory Corporation of America Holdings from 9/13/2024 amounting to 0.72 USD, you needed to have the stock in your portfolio before the ex-date on 8/29/2024.

When did Laboratory Corporation of America Holdings pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of Laboratory Corporation of America Holdings in the year 2023?

In the year 2023, Laboratory Corporation of America Holdings distributed 2.16 USD as dividends.

In which currency does Laboratory Corporation of America Holdings pay out the dividend?

The dividends of Laboratory Corporation of America Holdings are distributed in USD.

Andere Kennzahlen von Laboratory Corporation of America Holdings

Our stock analysis for Laboratory Corporation of America Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Laboratory Corporation of America Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.