The medical equipment maker increases its payout for the quarter, marking a 9.5% rise from the previous $0.63 dividend.
Steris announced a 9.5% increase in its quarterly dividend to $0.69 per share, up from $0.63. The move reflects the company’s ongoing commitment to returning value to shareholders amid steady financial performance.
The new dividend represents a forward yield of 1.19%. The payout will be distributed on September 25 to shareholders of record as of September 4, with the ex-dividend date also set for September 4.
The increase follows a pattern of consistent dividend growth, aligning with Steris’s long-term capital allocation strategy.