Labcorp Declares Quarterly Dividend

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Rhea-AI Summary

Labcorp (NYSE: LH), a leading global provider of innovative laboratory services, has announced a quarterly cash dividend of $0.72 per share of common stock. The dividend is set to be paid on September 13, 2024, to stockholders of record as of the close of business on August 29, 2024. This declaration by Labcorp's Board of Directors demonstrates the company's commitment to returning value to its shareholders and reflects confidence in its financial stability and future prospects.

Positive

Consistent dividend payment indicates financial stability
Dividend provides income for shareholders
Demonstrates company's commitment to shareholder value

Negative

None.

07/25/2024 - 06:59 AM

BURLINGTON, N.C., July 25, 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 September 13, 2024, to stockholders of record as of the close of business on August 29, 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.

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