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Quest Diagnostics (Quest Diagnostics) Dividend Yield % : 2.06% (As of Apr. 24, 2024)


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What is Quest Diagnostics Dividend Yield %?

As of today (2024-04-24), the Trailing Annual Dividend Yield of Quest Diagnostics is 2.06%.

Good Sign:

Quest Diagnostics Inc stock dividend yield is close to 3-year high.

The historical rank and industry rank for Quest Diagnostics's Dividend Yield % or its related term are showing as below:

DGX' s Dividend Yield % Range Over the Past 10 Years
Min: 1.27   Med: 1.87   Max: 2.93
Current: 2.06

During the past 13 years, the highest Dividend Yield of Quest Diagnostics was 2.93%. The lowest was 1.27%. And the median was 1.87%.

DGX's Dividend Yield % is ranked better than
50% of 74 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.055 vs DGX: 2.06

Quest Diagnostics's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.33.

During the past 13 years, the highest Dividend Payout Ratio of Quest Diagnostics was 0.45. The lowest was 0.16. And the median was 0.34.

As of today (2024-04-24), the Forward Dividend Yield % of Quest Diagnostics is 2.16%.

Quest Diagnostics's Dividends per Share for the three months ended in Dec. 2023 was $0.71.

During the past 12 months, Quest Diagnostics's average Dividends Per Share Growth Rate was 40.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Quest Diagnostics was 44.20% per year. The lowest was -2.30% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Quest Diagnostics Dividend Yield % Historical Data

The historical data trend for Quest Diagnostics's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Quest Diagnostics Dividend Yield % Chart

Quest Diagnostics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.85 1.40 1.66 2.02

Quest Diagnostics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.66 1.87 1.91 2.25 2.02

Competitive Comparison of Quest Diagnostics's Dividend Yield %

For the Diagnostics & Research subindustry, Quest Diagnostics's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Quest Diagnostics's Dividend Yield % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Quest Diagnostics's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Quest Diagnostics's Dividend Yield % falls into.



Quest Diagnostics Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Quest Diagnostics Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.7502024-04-052024-04-082024-04-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.7102024-01-162024-01-172024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.7102023-10-052023-10-062023-10-23Cash DividendquarterlyUSD:USD 1.000000
USD 0.7102023-07-102023-07-112023-07-25Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Quest Diagnostics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.88/137.55
=2.09 %

Current Share Price is $137.55.
Quest Diagnostics's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.88.

Quest Diagnostics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=3/137.55
=2.18 %

Current Share Price is $137.55.
Quest Diagnostics's Dividends per Share for the forward twelve months is calculated as $0.75 * 4 = $3.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Quest Diagnostics  (NYSE:DGX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Quest Diagnostics Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Quest Diagnostics's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Quest Diagnostics (Quest Diagnostics) Business Description

Traded in Other Exchanges
Address
500 Plaza Drive, Secaucus, NJ, USA, 07094
Quest Diagnostics is a leading independent provider of diagnostic testing, information, and services in the U.S. The company generates over 95% of its revenue through clinical testing, anatomic pathology, esoteric testing, and substance abuse testing with specimens collected at its national network of roughly 2,300 patient service centers, as well as multiple doctors offices and hospitals. The firm also runs a much smaller diagnostic solutions segment that provides clinical trials testing, risk assessment services, and information technology solutions.
Executives
Luis Diaz director C/O JOUNCE THERAPEUTICS, INC., 780 MEMORIAL DRIVE, CAMBRIDGE MA 02138
Michael E Prevoznik officer: Corp VP, Legal & Compliance C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Catherine T. Doherty officer: SVP, Physician Services Bus. C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Timothy M Ring director C/O C.R BARD INC, 730 CENTRAL AVE, MURRAY HILL NJ 07974
Mark E Delaney officer: SVP & Chief Commercial Officer 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS INC, SECAUCUS NJ 07094
Mark A Gardner officer: SVP of Molecular Gen & Oncol 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS INC, SECAUCUS NJ 07094
Patrick Plewman officer: SVP for Diagnostic Services 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS INC, SECAUCUS NJ 07094
Karthik Kuppusamy officer: SVP, Clinical Solutions 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS INC, SECAUCUS NJ 07094
Michael J Deppe officer: VP, Corp. Controller & CAO 500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Samer Abdul Samad officer: Executive Vice President & CFO 5200 ILLUMINA WAY, SAN DIEGO CA 92122
Stephen H Rusckowski director, officer: President and CEO C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Tracey Doi director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Gail R Wilensky director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Mark Guinan officer: Senior Vice President & CFO C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Daniel Stanzione director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094