Zimmer Biomet reports Q4 $0.22 per share dividend: 5 key notes

Spinal Tech

Zimmer Biomet reported a quarterly dividend for the fourth quarter of 2015.

Here are five key notes:

 

1. The cash dividend is $0.22 per share.

 

2. The dividend will be paid on Jan. 29, 2016 to stockholders of record at the close of business on Dec. 31, 2015.

 

3. The dividend is up from Zimmer Biomet's previous quarterly dividend of $0.18, according to a Dakota Financial News report.

 

4. Zimmer Biomet's third quarter revenue was up 59.3 percent year-over-year, reaching $1.76 billion. The company is expected to post $6.85 earnings per share for 2015.

 

5. Goldman Sachs dropped the share price objective to $117 from $122 in August; DMO Capital Markets reported a similar drop in price objective on the company's shares from $132 to $120 in October.

 

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Podcast

Featured Whitepapers