Labcorp Holdings Announces Quarterly Dividend of $0.72 Per Share
Labcorp Holdings (LH) has declared a quarterly dividend of $0.72 per share, maintaining its current payout level. The dividend carries a forward yield of approximately 0.89%. Shareholders of record as of November 24 will receive the payment on December 11. Despite recent market volatility stemming from preliminary CMS Medicare payment cuts, Labcorp has reaffirmed its long-term outlook. The company continues to focus on clinical testing demand and strategic growth, recently highlighted by its agreement to acquire select assets from OPKO Health's BioReference Health for up to $872 million.
Topics: Dividends Earnings/Outlook Healthcare Services Mergers and Acquisitions
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