At the end of July 25, 2023, Quest Diagnostics DGX will reward its shareholders with a dividend payout of $0.71 per share, demonstrating an annualized dividend yield of 2.15%. Remember, only investors who held the stock before the ex-dividend date on July 10, 2023 will receive this payout.
Quest Diagnostics Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-07-10 | 4 | $0.71 | 2.15% | 2023-05-16 | 2023-07-11 | 2023-07-25 |
| 2023-04-06 | 4 | $0.71 | 1.91% | 2023-02-02 | 2023-04-10 | 2023-04-24 |
| 2023-01-17 | 4 | $0.66 | 1.75% | 2022-11-14 | 2023-01-18 | 2023-02-01 |
| 2022-10-03 | 4 | $0.66 | 1.9% | 2022-08-10 | 2022-10-04 | 2022-10-19 |
| 2022-07-05 | 4 | $0.66 | 1.95% | 2022-05-17 | 2022-07-06 | 2022-07-20 |
| 2022-04-05 | 4 | $0.66 | 1.94% | 2022-02-03 | 2022-04-06 | 2022-04-20 |
| 2022-01-18 | 4 | $0.62 | 1.68% | 2021-11-17 | 2022-01-19 | 2022-02-02 |
| 2021-10-04 | 4 | $0.62 | 1.67% | 2021-08-16 | 2021-10-05 | 2021-10-20 |
| 2021-07-06 | 4 | $0.62 | 1.9% | 2021-05-20 | 2021-07-07 | 2021-07-21 |
| 2021-04-06 | 4 | $0.62 | 1.95% | 2021-02-04 | 2021-04-07 | 2021-04-21 |
| 2021-01-19 | 4 | $0.56 | 1.81% | 2020-11-18 | 2021-01-20 | 2021-02-03 |
| 2020-10-05 | 4 | $0.56 | 1.87% | 2020-08-18 | 2020-10-06 | 2020-10-21 |
In terms of dividend yield, Quest Diagnostics finds itself in the middle ground among its industry peers, while CVS Health CVS takes the lead with the highest annualized dividend yield at 3.19%.
Analyzing Quest Diagnostics Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
The company demonstrated a positive dividend growth pattern from 2019 to 2022, with the dividend per share rising from $2.12 to $2.64. This signifies the company's commitment to consistently increasing shareholder dividends.
YoY Earnings Growth For Quest Diagnostics
The earnings chart illustrates an increase in Quest Diagnostics's earnings per share, from $6.25 in 2019 to $11.27 in 2022. This positive earnings growth provides income-seeking investors with optimism, as it suggests potential for higher cash dividend payouts in the future.
Recap
In this article, we explore the recent dividend payout of Quest Diagnostics and its significance for shareholders. The company has decided to distribute a dividend of $0.71 per share today, which equates to an annualized dividend yield of 2.15%.
In terms of dividend yield, Quest Diagnostics finds itself in the middle ground among its industry peers, while CVS Health takes the lead with the highest annualized dividend yield at 3.19%.
The increase in both dividend per share and earnings per share from 2019 to 2022 for Quest Diagnostics indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
[Monitor live stock price updates for Quest Diagnostics on Benzinga.](https://www.benzinga.com/quote/Quest Diagnostics (NYSE: DGX))
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
