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Document FOR IMMEDIATE RELEASE Media Investors Media Labcorp.com Investor Labcorp.com

Wednesday, January 8, 2025 1 min read
Key Takeaway: Labcorp Holdings Inc. has announced that its Board of Directors has declared a quarterly cash dividend of $0.72 per share. This dividend is set to be payable on March 12, 2025, to stockholders recorded by February 27, 2025. The company positions itself as a leader in laboratory services, contributing to a majority of new drug approvals and performing a vast number of tests globally.

Market Sentiment Analysis

POSITIVE FACTORS

  • Labcorp declares a cash dividend of $0.72 per share, indicating financial stability.
  • The company supports a significant percentage (84%) of new drugs approved by the FDA in 2023.
  • Labcorp employs over 67,000 staff, showcasing strong operational capacity.

Full Press Release Details

Media Investors
Media Labcorp.com Investor Labcorp.com
LABCORP DECLARES QUARTERLY DIVIDEND
BURLINGTON, N.C., January 8, 2025 - Labcorp Holdings Inc.(NYSE LH), a global leader of innovative and comprehensive laboratory services, announced today that its Board of Directors has declared a cash dividend of $0.72 per share of common stock. The dividend will be payable on March 12, 2025, to stockholders of record as of the close of business on February 27, 2025.
Labcorp (NYSE LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's more than 67,000 employees serve clients in approximately 100 countries, provided support for 84% of the new drugs and therapeutic products approved in 2023 by the FDA, and performed more than 600 million tests for patients around the world. Learn more about us at www.labcorp.com.

Frequently Asked Questions

What is the quarterly dividend amount declared by Labcorp?

Labcorp announced a cash dividend of $0.72 per share.

When will Labcorp's dividend be paid?

The dividend will be payable on March 12, 2025.

What is the record date for Labcorp's dividend?

The record date is February 27, 2025.

How many employees does Labcorp have?

Labcorp employs over 67,000 individuals.

In how many countries does Labcorp operate?

Labcorp operates in approximately 100 countries.

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Last updated: Jan 8, 2025