STERIS plc Dividend yield

STERIS plc is part of Health Care Equip. and Services business, which is part of Health Care industry. STERIS plc is a company from USA, and his stocks are publicly traded.

STERIS plc stock dividend

STERIS plc paid a total dividend of 186 million USD last year, for a market value of 22,729 millions (Market Cap 22,728 millions). STERIS plc dividend per share is 1.88 USD, and his stock market price 229.59 USD.

According to the chart below, where dividend yield is displayed, STERIS plc has a dividend yield of 0.82%, 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 STERIS plc stocks dividend with other Health Care Equip. and Services companies or other of the high USA dividend stocks list.

STERIS plc Dividend Payout

About the ability of STERIS plc to maintain his current dividend of USD 1.88 per share, an amount that accounts for 0.82%, we should study its payout ratio both on earnings and on cash-flows (see chart below). STERIS plc payout on ernings is currently 38.29%, which is lower than the market average, but higher than companies of Health Care industry, which are 39.34% and 23.54% respectively. Both figures show that STERIS plc is in a good position to keep maintaining his 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 STERIS plc is USD 7.63 per share, which is higher than the dividend per share paid by the company of USD 1.88, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of STERIS plc, compared againt world market average, USA companies, Health Care industry and Health Care Equip. and Services sector companies.

STERIS plc Dividend History

Below you will find a table with the historical evolution of STERIS plc's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	0.82%	1.88	38.29%	99
2022	1.02%	1.88	30.72%	100
2021	0.71%	1.73	35.89%	100
2020	0.84%	1.59	27.94%	85
2019	0.97%	1.48	31.09%	85

*In millions

STERIS plc Stock performance

Finally, last moth STERIS plc showed a return of 1.80% compared to a worldwide -2.49% average, and a -2.07% of Health Care firms. Over the last year, the company obtained a 14.00% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Health Care Equip. and Services firms.