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Thermo Fisher Scientific Declares Fresh Dividend

Saturday - 7/13/2013, 2:55pm  ET

Thermo Fisher Scientific is continuing to roll out dividends for its shareholders. The company has declared a quarterly disbursement of $0.15 per share, to be paid on October 15 to shareholders of record as of September 16. That amount matches each of the firm's previous three distributions, the most recent of which is to be dispensed on July 15. Prior to that, Thermo Fisher Scientific handed out $0.13 per share.

Since initiating dividends with a payout at that $0.13 rate in April 2012, the company has paid a distribution in every subsequent quarter.

The just-declared distribution annualizes to $0.60 per share. That yields a modest 0.7% at Thermo Fisher Scientific's most recent closing stock price of $88.19.

This article was originally published as Thermo Fisher Scientific Declares Fresh Dividendon Fool.com

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