Zimmer Biomet Holdings, Inc. (NYSE:ZBH) has declared a quarterly dividend of $0.24 per share, payable on April 30th to shareholders of record on March 31st. This dividend represents an annualized yield of 1.0% and is well-covered by the company’s earnings, with a payout ratio around 11.5%. The medical equipment provider recently beat quarterly earnings and revenue expectations, and analysts project continued strong earnings per share for the current year.
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Zimmer Biomet Holdings, Inc. (NYSE:ZBH) to Issue Quarterly Dividend of $0.24
Zimmer Biomet Holdings, Inc. (NYSE:ZBH) has declared a quarterly dividend of $0.24 per share, payable on April 30th to shareholders of record on March 31st. This dividend represents an annualized yield of 1.0% and is well-covered by the company’s earnings, with a payout ratio around 11.5%. The medical equipment provider recently beat quarterly earnings and revenue expectations, and analysts project continued strong earnings per share for the current year.