The medical device maker increases its payout for the quarter, marking a 10% rise from the previous $0.60 dividend.
ResMed announced a 10% increase in its quarterly dividend to $0.66 per share, up from $0.60. The new payout reflects the company’s ongoing commitment to returning value to shareholders amid steady growth in its sleep and respiratory care segments.
The prior dividend of $0.60 had been in place for the previous quarter, with the forward yield now standing at 1.18%. The dividend is payable on September 24 to shareholders of record as of August 20, with the ex-dividend date also set for August 20.
The move follows a pattern of gradual dividend growth, aligning with ResMed’s long-term strategy to balance reinvestment and shareholder returns.