LABCORP DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

Labcorp (NYSE: LH) has announced a quarterly cash dividend of $0.72 per share of common stock. The dividend will be distributed on March 12, 2025, to stockholders recorded as of the close of business on February 27, 2025. This announcement comes from the global leader in innovative and comprehensive laboratory services, following a declaration by its Board of Directors.

Positive

• Regular dividend payment demonstrates financial stability
• Maintains consistent shareholder returns through quarterly dividends

Negative

• None.

BURLINGTON, N.C., Jan. 8, 2025 /PRNewswire/ -- Labcorp Holdings Inc. (NYSE: LH), a global leader of innovative and comprehensive laboratory services, 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 March 12, 2025, to stockholders of record as of the close of business on February 27, 2025.

About Labcorp
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's more than 67,000 employees serve clients in approximately 100 countries, provided support for 84% of the new drugs and therapeutic products approved in 2023 by the FDA, and performed more than 600 million tests for patients around the world. Learn more about us at www.labcorp.com. 

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SOURCE Labcorp

FAQ

What is Labcorp's dividend amount for Q1 2025?

Labcorp's dividend for Q1 2025 is $0.72 per share of common stock.

When is the payment date for Labcorp's (LH) latest dividend?

Labcorp's latest dividend will be paid on March 12, 2025.

What is the record date for Labcorp's Q1 2025 dividend?

The record date for Labcorp's Q1 2025 dividend is February 27, 2025.

How do shareholders qualify for Labcorp's latest dividend?

Shareholders must own Labcorp stock by the close of business on February 27, 2025, to qualify for the dividend payment.