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Thermo Fisher Scientific Inc. (TMO) logo

Thermo Fisher Scientific Inc.

S&P 500

TMO/Healthcare · Diagnostics & Research/NYSE

Dividend Yield

0.39%

$1.80 · Annual Dividend

Stock Price$505.75P/E25.5MCap172.4BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

88/ 100Very Safe

TMO's dividend appears very safe. Strengths include a 9.7% earnings payout ratio & 9.6% fcf payout ratio. The dividend has been growing at a 14.34% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • Earnings Payout Ratio: 9.7%Low earnings payout ratio leaves room to grow the dividend.
  • FCF Payout Ratio: 9.6%Free cash flow comfortably covers the dividend.
  • CFO Payout Ratio: 8.1%Operating cash flow strongly supports the payout.

Risks

No material risks identified across rated metrics.

Payout & Coverage

Very Safe
9.6%Very Safe
8.1%Very Safe

Balance Sheet

Safe

Profitability

Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
14.3%Very Safe
GrowingVery Safe

About Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. is a leading provider of life sciences solutions, analytical instruments, specialty diagnostics, laboratory products, and biopharma services worldwide. The company serves pharmaceutical and biotech companies, hospitals, clinical diagnostic labs, universities, research institutions, government agencies, and sectors including environmental, industrial, research and development, quality, and process control. Its Life Sciences Solutions segment delivers reagents, instruments, and consumables for biological and medical research, drug and vaccine discovery and production, and disease diagnosis. The Analytical Instruments segment supplies tools, consumables, software, and services for pharmaceutical, biotechnology, academic, government, environmental, and industrial applications, as well as clinical labs. Additional offerings include lab products, services through brands like Fisher Scientific and Unity Lab Services, and biopharma capabilities via Patheon and PPD. Thermo Fisher Scientific Inc., headquartered in Waltham, Massachusetts, supports customers across North America, Europe, and Asia-Pacific with innovative technologies and global distribution.

Dividend Overview

Dividend Yield

0.39%

Annual Dividend

$1.80

Frequency

Quarterly

Payout Ratio

9.68%

FCF Payout Ratio

9.62%

52-Week Range

$398.08 - $643.99

Dividend History (2016–2025)

TMO annual dividend per share and yield history

Earnings & Profitability

TMO earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

June 15, 2026

Next Payment Date

July 15, 2026

Dividend Growth

3-Year Dividend CAGR

12.75%

5-Year Dividend CAGR

14.34%

10-Year Dividend CAGR

11.11%

3-Year Total Growth

43.33%

5-Year Total Growth

95.45%

10-Year Total Growth

186.67%

Income Calculator

TMO Dividend Calculator

Total Investment

$50,575.00

Annual Income

$180.00

Quarterly Income

$45.00

Monthly Income

$15.00

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Frequently Asked Questions

What is TMO's current dividend yield?
Thermo Fisher Scientific Inc. (TMO) currently has a dividend yield of 0.39%, based on a stock price of $505.75 and an annual dividend of $1.80.
When is TMO's next dividend payment date?
TMO's next ex-dividend date is 2026-06-15 and the next payment date is 2026-07-15. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does TMO pay in dividends per year?
Thermo Fisher Scientific Inc. paid $1.72 per share in annual dividends in 2025. The dividends are paid quarterly.
Has TMO been increasing its dividend?
Thermo Fisher Scientific Inc. has grown its dividend at a 5-year CAGR of 14.34% and a 10-year CAGR of 11.11%.
Is TMO's dividend safe?
Thermo Fisher Scientific Inc. has a payout ratio of 9.68%. Its free cash flow payout ratio is 9.62%. A payout ratio below 60% is generally considered sustainable.
How is TMO's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Thermo Fisher Scientific Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). 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 Safety Rating, 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.