LABCORP DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Labcorp (NYSE: LH) announced a quarterly cash dividend of $0.72 per share, payable on June 8, 2023. Stockholders of record as of the close of business on May 18, 2023 will receive this dividend. This decision underscores Labcorp's commitment to returning value to its shareholders. In FY2022, the company reported revenues of $14.9 billion, highlighting its strong financial performance in the life sciences sector. For more details, visit www.labcorp.com.

Positive

• Declared a quarterly cash dividend of $0.72 per share.
• Dividend payment scheduled for June 8, 2023, provides immediate return to investors.
• Reported revenue of $14.9 billion in FY2022 indicates strong financial health.

Negative

• None.

BURLINGTON, N.C., April 6, 2023 /PRNewswire/ -- Labcorp (NYSE: LH), a leading global life sciences company, announced today that its Board of Directors has declared a cash dividend of $0.72 per share of common stock. The dividend will be payable on June 8, 2023, to stockholders of record as of the close of business on May 18, 2023.

About Labcorp
Labcorp is a leading global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate innovations to improve health and improve lives. With more than 80,000 employees, we serve clients in more than 100 countries. Labcorp (NYSE: LH) reported revenue of $14.9 billion in FY2022. Learn more about us at www.Labcorp.com or follow us on LinkedIn and Twitter @Labcorp.

View original content to download multimedia:https://www.prnewswire.com/news-releases/labcorp-declares-quarterly-dividend-301791631.html

SOURCE Labcorp

FAQ

What is the dividend amount for Labcorp in 2023?

Labcorp has declared a cash dividend of $0.72 per share.

When will Labcorp's dividend be paid?

The dividend will be payable on June 8, 2023.

Who is eligible to receive Labcorp's dividend?

Stockholders of record as of May 18, 2023, will be eligible.

How much revenue did Labcorp report for FY2022?

Labcorp reported revenue of $14.9 billion for FY2022.