Quest Diagnostics Dividend yield

 Price  128.34
 Dividend  2.25
 Earnings  11.46
 Cash-flow  14.92
 Book value  51.34
 Equity  46.59

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

Quest Diagnostics paid a total dividend of 302 million USD last year, for a market value of 17,198 millions (Market Cap 17,101 millions). Dividend per share of Quest Diagnostics is 2.25 USD, and his stock market price 128.34 USD.

According to the chart below, where dividend yield is displayed, Quest Diagnostics has a dividend yield of 1.75%, which is lower than the amount offered by the market average , but bigger than Health Care industry. Dividend yields are similar among companies from the same industry, so it is a positive sign for the company.

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

Dividend yield of Quest Diagnostics

Quest Diagnostics Dividend Payout

About the ability of Quest Diagnostics to maintain his current dividend of USD 2.25 per share, an amount that accounts for 1.75%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Quest Diagnostics payout on ernings is currently 19.63%, which is lower than the market average and companies of Health Care industry, which are 38.16% and 28.74% respectively. Both figures lead us to believe that there is confidence that Quest Diagnosticscan 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 Quest Diagnostics is USD 14.92 per share, which is higher than the dividend per share paid by the company of USD 2.25, so the company generates enough cash to maintain his dividend in the future.

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

Quest Diagnostics payout

Quest Diagnostics Dividend History

Year Yield  USD  Paypout  Shares* 

*In millions

Quest Diagnostics Stock performance

Finally, last moth Quest Diagnostics showed a return of 11.00% compared to a worldwide 4.25% average, and a 3.06% of Health Care firms. Over the last year, the company obtained a 59.80% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for USA and Health Care Equipment and Services firms.

Quest Diagnostics stock and market return