Thermo Fisher Scientific (TMO) Declares $0.15 Quarterly Dividend; Approves $1.5B Buyback

Thermo Fisher Scientific (NYSE: TMO) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on October 17, 2016, to stockholders of record on September 15, 2016, with an ex-dividend date of September 13, 2016.

The annual yield on the dividend is 0.4 percent.

The board also authorized the repurchase of $1.5 billion of shares of the company’s common stock in the open market or in negotiated transactions. The new repurchase authorization has no expiration date. The company’s previous repurchase authorization was completed in the first quarter of 2016.

For a dividend history and other dividend-related data on Thermo Fisher Scientific (TMO) click here.

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