Trailing Dividend / Share
$1.69
Thermo Fisher Scientific Inc. (TMO) Dividend History
Income profile from 1993 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.4%
Payout Ratio
9.4%
Sustainable
Dividend Streak
8 years
TMO Dividend Income Check
Safety
9.4% payout ratio with sustainable safety profile.
Consistency
8 straight years of dividend increases.
Income Trend
Yield on cost is 0.4% and trend is rising.
TMO Dividend Scorecard
Yield & Income
Dividend Yield0.4%
Trailing DPS$1.69
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout9.4%
Earnings SafetySustainable
FCF Payout9.3%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak8 years
3Y CAGR12.7%
5Y CAGR14.3%
Yield on Cost (5Y)0.4%
YOC Trendrising
Total Returns
Buyback Yield1.7%
Total Shareholder Yield2.1%
1Y Total Return16.6%
5Y Total Return2.1%
Div Contribution (5Y)1.5%
Estimated $10K growth (return + dividends):
5Y ago$10,21110Y ago$32,91220Y ago$126,155
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TMO Income Growth Story
Dividend per share and yield on cost over time (18 years of payments)
TMO Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Thermo Fisher Scientific Inc. distributes 9.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 9.3%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
TMO has raised its dividend for 8 consecutive years, with a 3-year CAGR of 12.7% and 5-year CAGR of 14.3%.
Total Shareholder Returns
Beyond cash dividends, TMO returns capital through share repurchases. The combined picture: 0.4% dividend yield, 1.7% buyback yield, 2.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.4% and is currently rising. The 5-year total return is 2.1%, with dividends contributing 1.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $32,912 today.
TMO Recent Dividend Payments
Last 20 payments · Annual
TTM Total$7.13
Avg/Payment$0.3565
Latest Change+9.3%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 13, 2026Latest | $0.4700 | ↑ +9.3% | 37.90% | Apr 15, 2026 |
| Dec 15, 2025 | $0.4300 | — | 29.87% | Jan 15, 2026 |
| Sep 15, 2025 | $0.4300 | — | 35.41% | Oct 15, 2025 |
| Jun 13, 2025 | $0.4300 | — | 40.72% | Jul 15, 2025 |
| Mar 14, 2025 | $0.4300 | ↑ +10.3% | 30.65% | Apr 15, 2025 |
| Dec 13, 2024 | $0.3900 | — | 29.61% | Jan 15, 2025 |
| Sep 13, 2024 | $0.3900 | — | 24.87% | Oct 15, 2024 |
| Jun 14, 2024 | $0.3900 | — | 25.87% | Jul 15, 2024 |
TMO Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
0.4%
#4 of 4
Safety
Sustainable
9.4% payout
Streak
8Y
14.3% 5Y CAGR
Total Shareholder
2.1%
#3 of 4
DHR
A
BRKRTMO Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.47 | — | 1 | — | — | — | 0.1% |
| 2025 | $1.72 | 10.3% | 4 | $17.74 | 9.7% | 10.31x | 0.4% |
| 2024 | $1.56 | 11.4% | 4 | $16.53 | 9.4% | 10.60x | 0.3% |
| 2023 | $1.40 | 16.7% | 4 | $15.45 | 9.1% | 11.04x | 0.3% |
| 2022 | $1.20 | 15.4% | 4 | $17.64 | 6.8% | 14.70x | 0.3% |
| 2021 | $1.04 | 18.2% | 4 | $19.46 | 5.3% | 18.71x | 0.2% |
| 2020 | $0.88 | 15.8% | 4 | $15.98 | 5.5% | 18.16x | 0.2% |
| 2019 | $0.76 | 11.8% | 4 | $9.17 | 8.3% | 12.07x | 0.2% |
| 2018 | $0.68 | 13.3% | 4 | $7.24 | 9.4% | 10.65x | 0.1% |
| 2017 | $0.60 | 0.0% | 4 | $5.59 | 10.7% | 9.32x | 0.1% |
Full TMO Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy TMO Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See TMO's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonTMO — Frequently Asked Questions
Quick answers to the most common questions about buying TMO stock.
How much dividend does TMO pay per share?
Thermo Fisher Scientific Inc. (TMO) pays a trailing 12-month dividend of $1.69 per share, with a current dividend yield of +0.4%. Payments are made Annual.
When is TMO's next ex-dividend date?
TMO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TMO typically pays dividends Annual.
Is TMO's dividend safe?
TMO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +9.4% and FCF payout ratio of +9.3%. The 8-year growth streak provides moderate confidence.
Is TMO a Dividend Payer?
Yes, Thermo Fisher Scientific Inc. is classified as a Dividend Payer with 8 consecutive years of dividend increases. The 5-year dividend CAGR is +14.3%, demonstrating above-inflation dividend growth.
How often does TMO pay dividends?
Thermo Fisher Scientific Inc. pays dividends Annual. The trailing 12-month total is $1.69 per share. Dividend data on this page covers 33+ years from 1993 to 2026.
How much would $10,000 invested in TMO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TMO five years ago would be worth approximately $10,211 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TMO's yield on cost for long-term holders?
TMO's yield on cost — the current dividend divided by the original purchase price — is +0.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.4% market yield, thanks to consistent dividend growth.