SmarterDividends
STE

STERIS plc

STE20 yrs growth

Healthcare · Stock · quarterly payer

Forward Yield

1.19%

Annual Dividend

$2.52

Payout Ratio

31%

5-Yr Growth

8.2%

Ex-Date

Jun 8, 2026

Frequency

Quarterly

STE Dividend Safety Score

93/ 100
Grade A

Very Safe

Dividend-growth streak20 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage31% of earnings paid out
Free-cash-flow coverage29% of free cash flow
Balance-sheet strengthDebt/equity of 0.29
Yield vs its historyYield is 1.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is STE a good dividend stock?

Yes

STERIS plc (STE) pays a quarterly dividend yielding 1.19% ($2.52/yr), with 20 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 20 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (31%)
  • Strong 8.2% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
1.19%
Payout Ratio
31%
Annual Dividend
$2.52
5-Yr Avg Growth
8.2%
Ex-Dividend Date
Jun 8, 2026
Years of Growth
20
Frequency
quarterly
Beta
0.92
Market Cap
$20.7B
P/E Ratio
26.7
5-Yr Total Return
3%
52-Week Range
$195.14 – $269.44
Dividend Safety
A · 93/100
Ever Cut?
No
STE ex-dividend date & scheduleNext ex-date Jun 8, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.52 / yr per share

Per payment (quarterly)$63.00
Annual$252.00
Monthly avg$21.00