Thermo Fisher: A Dividend Investor’s Lab Partner For Growth And Stability
Introduction
Thermo Fisher Scientific Inc. is a leading research and development company that provides innovative solutions to customers in the life sciences, healthcare, and industrial markets. With a focus on accelerating scientific discovery and improving outcomes for patients, Thermo Fisher has become a trusted partner for scientists and researchers around the world.
Company Overview
Founded in 2006 through the merger of Thermo Electron and Fisher Scientific, Thermo Fisher has grown to become a Fortune 500 company with a market capitalization of over $200 billion. The company operates in four business segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services.
Dividend Performance
Thermo Fisher has a strong track record of returning value to shareholders through dividends and share repurchases. The company has consistently increased its dividend each year since 2012, with a current annual dividend yield of around 0.2%. In addition, Thermo Fisher has a share repurchase program in place to provide additional returns to investors.
Revenue Growth
Thermo Fisher has demonstrated consistent revenue growth over the years, driven by its focus on innovation and customer-centric solutions. The company’s revenue for 2020 was over $32 billion, representing a 26% increase from the previous year. Thermo Fisher’s strong revenue growth is a testament to its leadership in the scientific research and development industry.
Stability and Resilience
Thermo Fisher has shown resilience in the face of economic challenges, with a stable financial performance even during times of uncertainty. The company’s diverse portfolio of products and services, along with its global presence, have helped it weather various market conditions and emerge stronger than ever.
Conclusion
Thermo Fisher Scientific Inc. is a reliable choice for dividend investors seeking growth and stability in their portfolios. With a strong track record of dividend performance, revenue growth, and stability, Thermo Fisher is well-positioned to continue delivering value to shareholders in the years to come.
FAQs
1. What is Thermo Fisher’s dividend yield?
Thermo Fisher’s current annual dividend yield is around 0.2%.
2. How has Thermo Fisher’s revenue grown over the years?
Thermo Fisher has demonstrated consistent revenue growth, with its revenue for 2020 reaching over $32 billion, representing a 26% increase from the previous year.
3. Is Thermo Fisher a stable investment choice?
Yes, Thermo Fisher has shown resilience in the face of economic challenges and has a stable financial performance, making it a reliable investment choice for growth and stability.
