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TMO Thermo Fisher Scientific Inc. — dividend yield, history & ex-dividend dates

NYSE· Quarterly dividend· Common Stock · Healthcare / Medical - Diagnostics & Research

$704.15 ▲ $11.13(1.61%) as of Oct 29, 2026 06:20 UTC
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Thermo Fisher Scientific Inc. is a global leader in scientific services, providing a comprehensive range of offerings that include life sciences solutions, advanced analytical instruments, specialized diagnostic products, and an extensive portfolio of laboratory supplies and biopharmaceutical services. The company's reach extends across North America, Europe, Asia-Pacific, and other international markets. Its Life Sciences Solutions division furnishes researchers with essential reagents, state-of-the-art instruments, and consumables vital for biological and medical exploration, the development and manufacturing of therapeutics and vaccines, and the detection of infections and various diseases. This segment encompasses bioscience, genetic science, and bioproduction technologies, serving a broad spectrum of clients in the pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and governmental sectors. The Analytical Instruments segment delivers a variety of precision instruments, consumables, software, and support services to pharmaceutical, biotechnology, academic, governmental, environmental, and industrial research environments, as well as clinical laboratories. The Specialty Diagnostics segment offers an array of diagnostic tools, including liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, alongside calibrators, controls, protein detection assays, and accompanying instruments. This also features the creation and distribution of complete blood test systems to aid in the clinical diagnosis and monitoring of allergies, asthma, and autoimmune diseases. Furthermore, it provides dehydrated and prepared culture media, specimen collection and transport systems, related instrumentation and consumables, human leukocyte antigen (HLA) typing and testing crucial for the organ transplant sector, and other healthcare products. Lastly, the Laboratory Products and Biopharma Services segment supplies laboratory equipment, serves the research and safety markets through its channels, and offers extensive pharmaceutical services, encompassing clinical research support. The company's products and services are distributed through a dedicated direct sales team, customer service professionals, online commerce platforms, and a network of third-party distributors. Its recognized brands include Thermo Scientific, Applied Biosystems, Invitrogen

Dividend Snapshot

StatusGrowing
Last Dividend$0.4700Paid Oct 15, 2026
Forward Annual$1.88From the $0.4700 dividend declared Jul 09, 2026
FrequencyQuarterly
Last Ex-DateSep 15, 2026The most recent ex-dividend date that has already passed.
1-Yr Growth10.3%Annual totals, 2024–2025
10-Yr Growth11.1%Annual totals, 2015–2025

Research Scores

Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.

Dividend Safety Score

88/100

Very strong indicators

Complete data

Dividend Growth Score

79/100

Strong growth record

Complete data

Dividend Value Score

45/100

Near own historical valuation

Complete data

DividendRank

73/100

Upper middle of the scale

Complete data

How the Dividend Safety Score is built for TMO
Dividend Safety Score inputs, points and weights
InputValuePointsWeight
Earnings payout ratioEarnings payout ratio 9% (TTM to Sep 26, 2026) 100 20%
FCF payout ratioFCF payout ratio 9% (TTM to Sep 26, 2026) 100 25%
Net debt / EBITDANet debt / EBITDA 3.1x (TTM to Sep 26, 2026) 56 15%
Interest coverageInterest coverage 5.8x (TTM to Sep 26, 2026) 71 10%
Dividend record24 years of uninterrupted regular payments 89 20%
Earnings stabilityNet income positive in 5 of the last 5 fiscal years (FY2021–FY2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Growth Score is built for TMO
Dividend Growth Score inputs, points and weights
InputValuePointsWeight
5-year dividend growth5-year dividend CAGR 14.3% (2020–2025) 100 25%
Consecutive annual increases8 consecutive annual increases (through 2025) 72 20%
Payout headroomHeadroom from the earnings payout ratio 9% (TTM to Sep 26, 2026) 100 20%
Earnings per share growth (3 years)EPS CAGR 0.2% (FY2022–FY2025) 41 15%
Revenue growth (3 years)Revenue CAGR -0.3% (FY2022–FY2025) 38 10%
10-year dividend growth10-year dividend CAGR 11.1% (2015–2025) 100 10%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

How the Dividend Value Score is built for TMO
Dividend Value Score inputs, points and weights
InputValuePointsWeight
Yield vs own historyCurrent yield at the 61st percentile of its 120 month-end yields 61 40%
P/E vs own 5-year medianP/E 35.5 is 1.09x its 5-year median of 32.7 39 25%
FCF yieldFCF yield 2.9% (TTM to Sep 26, 2026) 39 20%
P/E vs peersP/E 35.5 vs peer median 26.8 (1.32x; 45 corporation / Healthcare securities) 20 15%

Inputs that are not available are left out and the remaining weights are scaled up. Profile: ordinary company. Formula version 2026-10-19.4.

Key Metrics

Current Yield

0.27%

At the Oct 29, 2026 price

The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.

Annualized Dividend

$1.8800

Declared Jul 09, 2026

The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.

Frequency

Q Quarterly

How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.

RSI (14)

64

As of Oct 29, 2026

Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.

52-Week Range

$438.34 – $696.49

Closes through Oct 23, 2026

The lowest and highest price over the past year, showing where today's price sits in its recent range.

Payout Ratio (TTM)

9.50%

12 months to Sep 26, 2026 (Q3 FY2026)

The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.

Years Paying

33

How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.

Price / Book (TTM)

4.55

Price as of Oct 25, 2026; latest reported book value

Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.

S.A.F.E. Dividend Read

S.A.F.E. is a set of four checks on a dividend's record and the company's data, the same test used across the screener and our ranked lists. Solid: a Dividend Safety Score of 70+ and a yield of 2%+. Accelerating: at least three consecutive completed calendar years of higher total regular dividends. Flawless: since 1990, no calendar year whose total regular dividend fell more than 20% below the year before, and no suspension. Enduring: at least 20 years between the first and latest dividend in our records. All four met earns the S.A.F.E. flag.
S Solid
Below the Solid check (Dividend Safety Score 70+ and yield 2%+): Dividend Safety Score 88/100, yield 0.27%.
A Accelerating
8 consecutive years of dividend increases.
F Flawless
A calendar year's regular dividend total fell more than 20% below the year before.
E Enduring
33 years of dividend payments on record.

Quote & Key Data

ExchangeNYSEThe stock exchange where the shares trade, such as NYSE or Nasdaq.
Volume2,039,970Oct 23, 2026 sessionHow many shares changed hands in the trading session dated beside this figure, a rough read on trading activity. Daily bars are refreshed on a slower cycle than the quoted price, so this session can be older than the price above.
Open$672.69Oct 23, 2026 sessionThe price at the start of the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Day Range$662.50 – $677.28Oct 23, 2026 sessionThe lowest and highest price during the trading session dated beside this figure, which can be earlier than the session the quoted price comes from.
Prev Close$676.54Close of Oct 22, 2026The closing price from the session before the one dated beside these figures.
Market Cap$260.36BAs of Oct 29, 2026The company's total market value (share price times shares outstanding) on the date shown.
Shares Out369.75MImplied by market cap, Oct 29, 2026Shares outstanding implied by the market cap and share price on the date shown.
EPS (TTM)$19.1412 months to Sep 26, 2026 (Q3 FY2026)Earnings per share over the trailing twelve months (TTM), labeled with the end date of the latest reported quarter and shown in the company's reporting currency. Dividends are paid out of these earnings.
P/E (TTM)35.5Price as of Oct 25, 2026; earnings to Sep 26, 2026Price-to-earnings ratio: the share price on the date shown divided by trailing-twelve-month earnings per share. A rough gauge of how richly the stock is valued.
Last Ex-DateSep 15, 2026Paid Oct 15, 2026The most recent ex-dividend date that has already passed.
Next Ex-DateN/ANone declared yetThe ex-dividend date of the next payment the company has declared, or that is scheduled when no declaration is on file. Future dates our data provider only projects are not shown.

Dividend Growth

3-Yr Growth (CAGR)12.7%Annual totals, 2022–2025The dividend's average annual growth rate over the period, compounded.
5-Yr Growth (CAGR)14.3%Annual totals, 2020–2025The dividend's average annual growth rate over the period, compounded.
Consecutive Increases8 yrsAnnual totals through 2025The number of consecutive years the dividend has increased.

Why the Yield Moved (90 Days)

TMO's dividend yield fell from 0.33% to 0.27% over the past ~90 days (-0.06 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.06 pp from the share price ($574.03 on Aug 03, 2026 → $704.15 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.

Yield vs Its Own History

Current0.27%
1-Yr Average0.33%
Low / High0.27% – 0.43%
Percentile0%

Across 272 daily observations over the past 13 months (through Oct 23, 2026), TMO's current yield is higher than approximately 0% of them. Our stored price history for TMO covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.

Adjusted Price History

Dividend History

Dividend Payment History

Ex-dividend calendar →
Amount Type Declared Ex-Date Record Pay
$0.4700 Q Regular Jul 09, 2026 Sep 15, 2026 Sep 15, 2026 Oct 15, 2026
$0.4700 Q Regular May 20, 2026 Jun 15, 2026 Jun 15, 2026 Jul 15, 2026
$0.4700 Q Regular Feb 25, 2026 Mar 13, 2026 Mar 13, 2026 Apr 15, 2026
$0.4300 Q Regular Nov 06, 2025 Dec 15, 2025 Dec 15, 2025 Jan 15, 2026
$0.4300 Q Regular Jul 10, 2025 Sep 15, 2025 Sep 15, 2025 Oct 15, 2025
$0.4300 Q Regular May 21, 2025 Jun 13, 2025 Jun 13, 2025 Jul 15, 2025
$0.4300 Q Regular Feb 19, 2025 Mar 14, 2025 Mar 14, 2025 Apr 15, 2025
$0.3900 Q Regular Nov 07, 2024 Dec 13, 2024 Dec 13, 2024 Jan 15, 2025
$0.3900 Q Regular Jul 11, 2024 Sep 13, 2024 Sep 13, 2024 Oct 15, 2024
$0.3900 Q Regular May 22, 2024 Jun 14, 2024 Jun 14, 2024 Jul 15, 2024
$0.3900 Q Regular Feb 21, 2024 Mar 14, 2024 Mar 15, 2024 Apr 15, 2024
$0.3500 Q Regular Nov 09, 2023 Dec 14, 2023 Dec 15, 2023 Jan 16, 2024
$0.3500 Q Regular Jul 13, 2023 Sep 14, 2023 Sep 15, 2023 Oct 13, 2023
$0.3500 Q Regular May 24, 2023 Jun 14, 2023 Jun 15, 2023 Jul 14, 2023
$0.3500 Q Regular Feb 22, 2023 Mar 14, 2023 Mar 15, 2023 Apr 14, 2023
$0.3000 Q Regular Nov 10, 2022 Dec 14, 2022 Dec 15, 2022 Jan 16, 2023
$0.3000 Q Regular Jul 07, 2022 Sep 14, 2022 Sep 15, 2022 Oct 14, 2022
$0.3000 Q Regular May 18, 2022 Jun 14, 2022 Jun 15, 2022 Jul 15, 2022
$0.3000 Q Regular Feb 23, 2022 Mar 15, 2022 Mar 16, 2022 Apr 14, 2022
$0.2600 Q Regular Nov 04, 2021 Dec 14, 2021 Dec 15, 2021 Jan 14, 2022
$0.2600 Q Regular Jul 08, 2021 Sep 14, 2021 Sep 15, 2021 Oct 15, 2021
$0.2600 Q Regular May 19, 2021 Jun 14, 2021 Jun 15, 2021 Jul 15, 2021
$0.2600 Q Regular Feb 23, 2021 Mar 15, 2021 Mar 16, 2021 Apr 16, 2021
$0.2200 Q Regular Nov 05, 2020 Dec 14, 2020 Dec 15, 2020 Jan 15, 2021
$0.2200 Q Regular Jul 09, 2020 Sep 14, 2020 Sep 15, 2020 Oct 15, 2020
$0.2200 Q Regular May 20, 2020 Jun 12, 2020 Jun 15, 2020 Jul 15, 2020
$0.2200 Q Regular Feb 25, 2020 Mar 13, 2020 Mar 16, 2020 Apr 16, 2020
$0.1900 Q Regular Nov 08, 2019 Dec 16, 2019 Dec 17, 2019 Jan 15, 2020
$0.1900 Q Regular Jul 11, 2019 Sep 16, 2019 Sep 17, 2019 Oct 15, 2019
$0.1900 Q Regular May 23, 2019 Jun 13, 2019 Jun 14, 2019 Jul 16, 2019
$0.1900 Q Regular Feb 26, 2019 Mar 14, 2019 Mar 15, 2019 Apr 16, 2019
$0.1700 Q Regular Nov 08, 2018 Dec 14, 2018 Dec 17, 2018 Jan 15, 2019
$0.1700 Q Regular Jul 13, 2018 Sep 14, 2018 Sep 17, 2018 Oct 15, 2018
$0.1700 Q Regular May 24, 2018 Jun 14, 2018 Jun 15, 2018 Jul 16, 2018
$0.1700 Q Regular Jan 31, 2018 Mar 14, 2018 Mar 15, 2018 Apr 16, 2018
$0.1500 Q Regular Nov 09, 2017 Dec 14, 2017 Dec 15, 2017 Jan 15, 2018
$0.1500 Q Regular Jul 13, 2017 Sep 14, 2017 Sep 15, 2017 Oct 16, 2017
$0.1500 Q Regular May 19, 2017 Jun 13, 2017 Jun 15, 2017 Jul 17, 2017
$0.1500 Q Regular Mar 01, 2017 Mar 13, 2017 Mar 15, 2017 Apr 17, 2017
$0.1500 Q Regular Nov 11, 2016 Dec 13, 2016 Dec 15, 2016 Jan 16, 2017
$0.1500 Q Regular Jul 08, 2016 Sep 13, 2016 Sep 15, 2016 Oct 17, 2016
$0.1500 Q Regular May 19, 2016 Jun 13, 2016 Jun 15, 2016 Jul 15, 2016
$0.1500 Q Regular Feb 25, 2016 Mar 11, 2016 Mar 15, 2016 Apr 15, 2016
$0.1500 Q Regular Nov 13, 2015 Dec 11, 2015 Dec 15, 2015 Jan 15, 2016
$0.1500 Q Regular Jul 10, 2015 Sep 11, 2015 Sep 15, 2015 Oct 15, 2015
$0.1500 Q Regular May 22, 2015 Jun 11, 2015 Jun 15, 2015 Jul 15, 2015
$0.1500 Q Regular Feb 26, 2015 Mar 12, 2015 Mar 16, 2015 Apr 15, 2015
$0.1500 Q Regular Nov 07, 2014 Dec 11, 2014 Dec 15, 2014 Jan 15, 2015
$0.1500 Q Regular Jul 10, 2014 Sep 11, 2014 Sep 15, 2014 Oct 15, 2014
$0.1500 Q Regular May 21, 2014 Jun 12, 2014 Jun 16, 2014 Jul 15, 2014
$0.1500 Q Regular Feb 27, 2014 Mar 13, 2014 Mar 17, 2014 Apr 15, 2014
$0.1500 Q Regular Nov 08, 2013 Dec 12, 2013 Dec 16, 2013 Jan 15, 2014
$0.1500 Q Regular Jul 12, 2013 Sep 12, 2013 Sep 16, 2013 Oct 15, 2013
$0.1500 Q Regular May 23, 2013 Jun 13, 2013 Jun 17, 2013 Jul 15, 2013
$0.1500 Q Regular Feb 27, 2013 Mar 13, 2013 Mar 15, 2013 Apr 15, 2013
$0.1500 Q Regular Nov 08, 2012 Dec 13, 2012 Dec 17, 2012 Jan 15, 2013
$0.1300 Q Regular Jul 12, 2012 Sep 13, 2012 Sep 17, 2012 Oct 15, 2012
$0.1300 Q Regular May 25, 2012 Jun 13, 2012 Jun 15, 2012 Jul 16, 2012
$0.1300 Q Regular Mar 01, 2012 Mar 13, 2012 Mar 15, 2012 Apr 16, 2012
$2.5200 Q Regular N/A Nov 16, 2001 N/A N/A
$0.8200 Q Special N/A Aug 09, 2001 N/A N/A
$0.0090 I One-off N/A Jan 25, 1996 Jan 29, 1996 Jan 25, 1996
$0.1450 Q One-off N/A Aug 06, 1993 N/A N/A

Peer Comparison

Selected Medical - Diagnostics & Research dividend payers we cover, strongest DividendRank first — for context, not a recommendation.

TickerNameYield5-Yr GrowthStreakRank
DHR Danaher Corporation 0.68% 12.2% 9 yrs 78
DGX Quest Diagnostics Incorporated 1.40% 7.3% 14 yrs 70
QGEN Qiagen N.V. 0.70% N/A 0 yrs 62
LH Labcorp Holdings Inc. 0.80% N/A 0 yrs 54

TMO dividend — frequently asked questions

Does Thermo Fisher Scientific Inc. pay a dividend?

Yes. Thermo Fisher Scientific Inc. (TMO) currently pays a dividend. The annualized dividend is about $1.88 per share, a yield of approximately 0.27%.

What is Thermo Fisher Scientific Inc.'s dividend yield?

Thermo Fisher Scientific Inc.'s dividend yield is approximately 0.27%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.

How often does Thermo Fisher Scientific Inc. pay dividends?

Thermo Fisher Scientific Inc. pays dividends quarterly — 4 times per year.

How long has Thermo Fisher Scientific Inc. paid dividends?

Thermo Fisher Scientific Inc. has 33 years of dividend payments on record, and has increased its dividend for 8 consecutive years.

Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.