Bio-Techne Dividend yield




   USD/share 
 Price  433.04
 Dividend  1.30
 Earnings  5.22
 Cash-flow  8.97
 Book value  39.73
 Equity  37.55

Bio-Techne is part of Health Care Equipment and Services business, which is part of Health Care industry. Bio-Techne is a company from USA, and his stocks are publicly traded.

Bio-Techne paid a total dividend of 51 million USD last year, for a market value of 16,889 millions (Market Cap 16,897 millions). Dividend per share of Bio-Techne is 1.30 USD, and his stock market price 433.04 USD.

According to the chart below, where dividend yield is displayed, Bio-Techne has a dividend yield of 0.30%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Health Care industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Bio-Techne dividend yield with other Health Care Equipment and Services companies or firms from USA.

Dividend yield of Bio-Techne

Bio-Techne Dividend Payout

About the ability of Bio-Techne to maintain his current dividend of USD 1.30 per share, an amount that accounts for 0.30%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Bio-Techne payout on ernings is currently 24.90%, which is lower than the market average and companies of Health Care industry, which are 38.25% and 29.07% respectively. Both figures lead us to believe that there is confidence that Bio-Technecan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Bio-Techne is USD 8.97 per share, which is higher than the dividend per share paid by the company of USD 1.30, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Bio-Techne, compared againt world market average, USA companies, Health Care industry and Health Care Equipment and Services sector companies.

Bio-Techne payout

Bio-Techne Dividend History

Year Yield  USD  Paypout  Shares* 
Present0.30%1.3024.90%39
20210.25%1.290.00%39

*In millions

Bio-Techne Stock performance

Finally, last moth Bio-Techne showed a return of 3.20% compared to a worldwide 1.12% average, and a 1.32% of Health Care firms. Over the last year, the company obtained a 13.40% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Health Care Equipment and Services firms.

Bio-Techne stock and market return