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Thermo Fisher Scientific Declares Quarterly Dividend

Thermo Fisher Scientific (NYSE: TMO) announced a quarterly cash dividend of $0.22 per common share, payable on October 15, 2020, to shareholders of record as of September 15, 2020.

(Neutral)

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Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Thermo Fisher Scientific (NYSE: TMO) announced a quarterly cash dividend of $0.22 per common share, payable on October 15, 2020, to shareholders of record as of September 15, 2020. The company reported annual revenue exceeding $25 billion and aims to enable healthier, cleaner, and safer environments through innovative technologies and services. With a global workforce of over 75,000, Thermo Fisher delivers industry-leading solutions across various sectors, including life sciences and diagnostics.

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Positive

  • Quarterly cash dividend declared at $0.22 per share.
  • Annual revenue exceeds $25 billion, indicating strong financial health.
  • Global team of over 75,000 supporting diverse scientific needs.

Negative

  • None.
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-1.32% session move Open Argus
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News Market Reaction – TMO

The recorded move for TMO in the trading session of this news was -1.32%.

Data tracked by StockTitan Argus. Session date unavailable.

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WALTHAM, Mass., July 9, 2020 /PRNewswire/ -- Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced that its Board of Directors has declared a quarterly cash dividend of $0.22 per common share, payable on October 15, 2020, to shareholders of record as of September 15, 2020.

About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $25 billion. Our Mission is to enable our customers to make the world healthier, cleaner and safer. Whether our customers are accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics and therapies or increasing productivity in their laboratories, we are here to support them. Our global team of more than 75,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services and Patheon. For more information, please visit www.thermofisher.com.

"(PRNewsfoto/Thermo

Media Contact Information:
Ron O'Brien
781-622-1242
ron.obrien@thermofisher.com   
www.thermofisher.com 

Investor Contact Information:
Ken Apicerno
781-622-1294
ken.apicerno@thermofisher.com

"Cision" View original content to download multimedia:http://www.prnewswire.com/news-releases/thermo-fisher-scientific-declares-quarterly-dividend-301091163.html

SOURCE Thermo Fisher Scientific

FAQ

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

What is the dividend amount announced by Thermo Fisher Scientific (TMO)?

Thermo Fisher Scientific declared a dividend of $0.22 per share.

When will Thermo Fisher Scientific (TMO) pay its declared dividend?

The dividend will be payable on October 15, 2020.

What is the record date for the dividend from Thermo Fisher Scientific (TMO)?

The record date for the dividend is September 15, 2020.

How much revenue does Thermo Fisher Scientific (TMO) generate annually?

Thermo Fisher Scientific generates over $25 billion in annual revenue.

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