SmarterDividends
TMO

Thermo Fisher Scientific Inc.

TMO

Healthcare · Stock · quarterly payer

Forward Yield

0.39%

Annual Dividend

$1.88

Payout Ratio

10%

5-Yr Growth

14.3%

Ex-Date

Jun 15, 2026

Frequency

Quarterly

TMO Dividend Safety Score

86/ 100
Grade A

Very Safe

Dividend-growth streak13 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage10% of earnings paid out
Free-cash-flow coverage13% of free cash flow
Balance-sheet strengthDebt/equity of 0.83
Yield vs its historyYield is 1.5× 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 TMO a good dividend stock?

Yes

Thermo Fisher Scientific Inc. (TMO) pays a quarterly dividend yielding 0.39% ($1.88/yr), with 13 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

  • 13 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (10%)
  • Strong 14.3% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
0.39%
Payout Ratio
10%
Annual Dividend
$1.88
5-Yr Avg Growth
14.3%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
13
Frequency
quarterly
Beta
0.87
Market Cap
$179.1B
P/E Ratio
26.5
5-Yr Total Return
-6%
52-Week Range
$385.46 – $643.99
Dividend Safety
A · 86/100
Ever Cut?
No
TMO ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $1.88 / yr per share

Per payment (quarterly)$47.00
Annual$188.00
Monthly avg$15.67