Steris plc

STE|Healthcare|Medical Devices|$221.73|P/E 29.9|MCap 21.5B|NYSE

Last update: Mar 25, 2026 at 04:53

About Steris plc

Steris plc is a multinational company specializing in medical equipment with a strong focus on infection prevention and sterilization solutions. The company offers a comprehensive range of products and services designed to support patient care, including cleaning and sterilization chemicals, accessories for gastrointestinal procedures, washers, sterilizers, surgical tables, and operating room equipment. Steris plc also provides specialized healthcare services such as equipment installation, maintenance, instrument and endoscope repair, laboratory testing, and consulting for process improvement in clinical settings. Its operations span several business segments, notably Healthcare Products, Life Sciences, and Applied Sterilization Technologies, serving acute care hospitals, pharmaceutical manufacturers, and life science organizations. With a significant market presence in the United States and growing international reach, Steris plc plays a critical role in advancing safety standards and efficiency for healthcare providers globally, positioning itself as one of the leading suppliers in the infection control and procedural services sector.

Dividend Overview

Dividend Yield

1.10%

Annual Dividend

$2.40

Frequency

Quarterly

Payout Ratio

33.47%

FCF Payout Ratio

25.73%

Stock Price

$221.73

52-Week Range

$204.90 – $269.44

Dividend Health Score

Very Safe

Dividend Health Assessment

STE's dividend appears very safe. Strengths include a 33.5% earnings payout ratio & 25.7% fcf payout ratio. Areas of concern: Volatile profit margin stability.

Based on 15 of 15 metrics

Payout & Coverage

Very Safe

Earnings Payout Ratio

33.5%Very Safe

FCF Payout Ratio

25.7%Very Safe

CFO Payout Ratio

20.0%Very Safe

Interest Coverage

10.2xVery Safe

Balance Sheet

Very Safe

Net Debt / Total Assets

20.0%Safe

Current Ratio

2.5xVery Safe

Debt-to-Equity

28.7Very Safe

Profitability

Caution

Return on Equity

10.5%Caution

Operating Margin

18.5%Safe

Gross Margin

43.8%Safe

Profit Margin Stability

VolatileWarning

Dividend Track Record

Very Safe

11+ yrsVery Safe

NoneVery Safe

2.8%Caution

GrowingVery Safe

Dividend History (2016–2025)

STE annual dividend per share and yield history

Earnings & Profitability

STE earnings per share and net profit margin

Key Dates

Next Ex-Dividend Date

February 17, 2026

Next Payment Date

March 19, 2026

Dividend Growth

3-Year Dividend CAGR

-0.56%

5-Year Dividend CAGR

2.82%

10-Year Dividend CAGR

6.31%

3-Year Total Growth

-1.67%

5-Year Total Growth

14.94%

10-Year Total Growth

84.38%

Income Calculator

STE Dividend Calculator

Number of Shares

Total Investment

$22,173.00

Annual Income

$240.00

Quarterly Income

$60.00

Monthly Income

$20.00

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Frequently Asked Questions

What is STE's current dividend yield?

Steris plc (STE) currently has a dividend yield of 1.10%, based on a stock price of $221.73 and an annual dividend of $2.40.

When is STE's next dividend payment date?

STE's next ex-dividend date is 2026-02-17 and the next payment date is 2026-03-19. You must own the stock before the ex-dividend date to receive the upcoming payment.

How much does STE pay in dividends per year?

Steris plc paid $1.77 per share in annual dividends in 2025. The dividends are paid quarterly.

Has STE been increasing its dividend?

Steris plc has grown its dividend at a 5-year CAGR of 2.82% and a 10-year CAGR of 6.31%.

Is STE's dividend safe?

Steris plc has a payout ratio of 33.47%. Its free cash flow payout ratio is 25.73%. A payout ratio below 60% is generally considered sustainable.

How is STE's Dividend Health Score calculated?

The Dividend Health Score evaluates Steris plc's dividend sustainability across four categories: Payout & Coverage (40%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (20%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for healthcare companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Health Score, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.