Thermo Fisher Scientific (TMO) Declares $0.19 Quarterly Dividend; Approves $2.5B Buyback

Thermo Fisher Scientific (NYSE: TMO) declared a quarterly dividend of $0.19 per share, or $0.76 annualized.

The dividend will be payable on January 15, 2020, to stockholders of record on December 17, 2019, with an ex-dividend date of December 16, 2019.

The annual yield on the dividend is 0.3 percent.

The board also authorized the repurchase of $2.5 billion of shares of its common stock in the open market or in negotiated transactions. The authorization has no expiration date. This replaces the company's existing repurchase authorization, of which $500 million was remaining.

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

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