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Labcorp Declares Quarterly Dividend

Labcorp (NYSE: LH), a global leader in innovative and comprehensive laboratory services, has announced a quarterly cash dividend of $0.72 per share of common stock.

Sentiment and the balance of points

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dividends

Rhea-AI Summary

Labcorp (NYSE: LH), a global leader in innovative and comprehensive laboratory services, has announced a quarterly cash dividend of $0.72 per share of common stock. The dividend will be paid on December 13, 2024, to stockholders of record as of the close of business on November 26, 2024. This announcement demonstrates Labcorp's commitment to returning value to its shareholders and reflects the company's financial stability.

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Positive

  • Declared quarterly dividend of $0.72 per share
  • Consistent dividend payments indicate financial stability

Negative

  • None.
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-0.32% session move Open Argus
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News Market Reaction – LH

The recorded move for LH in the trading session of this news was -0.32%.

Data tracked by StockTitan Argus. Session date unavailable.

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BURLINGTON, N.C., Oct. 10, 2024 /PRNewswire/ -- Labcorp (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 December 13, 2024, to stockholders of record as of the close of business on November 26, 2024.

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. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/labcorp-declares-quarterly-dividend-302272244.html

SOURCE Labcorp Holdings Inc

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of Labcorp's quarterly dividend for 2024?

Labcorp (LH) has declared a quarterly cash dividend of $0.72 per share of common stock for 2024.

When will Labcorp (LH) pay its latest quarterly dividend?

Labcorp will pay its latest quarterly dividend on December 13, 2024.

What is the record date for Labcorp's Q4 2024 dividend?

The record date for Labcorp's Q4 2024 dividend is November 26, 2024, at the close of business.

How often does Labcorp (LH) pay dividends?

Based on this announcement, Labcorp pays dividends quarterly. However, future dividend payments are subject to board approval.

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