Thermo Fisher Scientific Inc (NYSE:TMO) Updates On Dividend Release Date


On 2016-07-08, Thermo Fisher Scientific Inc (NYSE:TMO) confirmed the dividend disbursement of $0.15 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-10-17 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Thermo Fisher Scientific Inc (NYSE:TMO) paid a total of $0.15 per share in dividends. This figure stood at $0.15 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $163.5 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $177 and $105, respectively.

Taking the mathematical rating formula, the price for Thermo Fisher Scientific Inc (NYSE:TMO) stands at 1.5. Earnings Review Thermo Fisher Scientific Inc (NYSE:TMO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $1.98.

Coming to the quarter ending on 2015-12-31, Thermo Fisher Scientific Inc (NYSE:TMO) recorded EPS of $2.03. The reported numbers came lower than the analysts’ estimates of $2, demonstrating a miss of $0.03 as against reported figures.

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