SYNLAB AG provides clinical laboratory and medical diagnostic services for insurance companies, hospitals, pharmacies, national health organizations, practicing doctors, clinics, patients, governments, and corporations primarily in Europe. The company offers Coronavirus tests, and medical and veterinary diagnostics services. It operates through approximately 500 laboratories and 1,800 blood collection points in 36 countries in four continents. The company was founded in 1998 and is headquartered in Munich, Germany.
SYNLAB Dividend Announcement
• SYNLAB announced a annually dividend of €0.33 per ordinary share which will be made payable on . Ex dividend date: 2024-05-20 • SYNLAB annual dividend for 2024 was €0.33 • SYNLAB annual dividend for 2023 was €0.33 • SYNLAB's trailing twelve-month (TTM) dividend yield is 2.98%
SYNLAB current trailing twelve-month (TTM) dividend yield is 2.98%. Interested in purchasing SYNLAB stock? Use our calculator to estimate your expected dividend yield:
SYNLAB Financial Ratios
P/E ratio27.20
PEG ratio-0.68
P/B ratio1.02
ROE3.79%
Payout ratio0.00%
Current ratio1.24
Quick ratio1.15
Cash Ratio0.38
SYNLAB Dividend FAQ
How much is the next SYNLAB dividend?
SYNLAB's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SYNLAB dividend. The next SYNLAB dividend will be released in May.
When is SYNLAB dividend paid?
SYNLAB pays dividends on a annually basis. The specific dates may vary each year but are generally around May. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does SYNLAB pay?
The specific amount of SYNLAB dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SYNLAB's dividend history.
Does SYNLAB stock pay dividends?
Yes, SYNLAB does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SYNLAB's dividend history.
How much dividend does SYNLAB pay?
SYNLAB paid €0.33 in 2024, €0.33 in 2023, €0.33 in 2022, €0.0 in 2021, and €0.0 in 2020.
How often does SYNLAB pay dividends?
SYNLAB typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around May.
What is SYNLAB's dividend yield?
The current dividend yield for SYNLAB is 2.98%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate SYNLAB's exact dividend yield.
When does SYNLAB go ex dividend?
SYNLAB's ex-dividend date for the latest dividend was on 2024-05-20. SYNLAB typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next SYNLAB dividend paid?
SYNLAB pays dividends on a annually basis, typically around May, but the exact dates can vary each year.
Will SYNLAB increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether SYNLAB will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is SYNLAB dividend per share?
SYNLAB paid €0.33 per share in 2024 and €0.33 per share in 2023. The amount of dividend per share that SYNLAB pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is SYNLAB a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SYNLAB a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SYNLAB a dividend stock?
Yes, SYNLAB is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SYNLAB a good dividend stock?
Whether SYNLAB is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SYNLAB has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SYNLAB as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does SYNLAB pay dividends monthly?
SYNLAB typically pays dividends on a annually basis.
Does SYNLAB pay dividends quarterly?
SYNLAB currently pays dividends on a annually basis.
Has SYNLAB ever paid a dividend?
Yes, SYNLAB has a history of paying dividends to its shareholders. SYNLAB is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SYNLAB dividend stocks?
To buy SYNLAB you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy SYNLAB stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does SYNLAB pay dividends 2024?
SYNLAB pays dividends on a annually basis. 2024 dividend payments are in . However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will SYNLAB increase its dividend in 2024?
Decisions regarding SYNLAB dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date SYNLAB dividend overview you can look into the above table of dividend history.
How SYNLAB dividend works?
The SYNLAB dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how SYNLAB's dividend process works:
1. Determination of Dividend: SYNLAB's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SYNLAB publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SYNLAB distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SYNLAB are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are SYNLAB dividends paid?
SYNLAB dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SYNLAB sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SYNLAB distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SYNLAB declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does SYNLAB pay dividends?
SYNLAB typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does SYNLAB pay dividends?
The general pattern is that SYNLAB pays dividends around May. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SYNLAB dividend safe?
The safety of SYNLAB's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of SYNLAB's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SYNLAB's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.