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Ex-Dividend Reminder: Thermo Fisher Scientific, Gilead Sciences and CONMED

By Dividend Channel Staff, Monday, June 12, 10:29 AM ET
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On 6/14/23, Thermo Fisher Scientific Inc (NYSE:TMO), Gilead Sciences Inc (NASDAQ:GILD), and CONMED Corp (NYSE:CNMD) will all trade ex-dividend for their respective upcoming dividends. Thermo Fisher Scientific Inc will pay its quarterly dividend of $0.35 on 7/14/23, Gilead Sciences Inc will pay its quarterly dividend of $0.75 on 6/29/23, and CONMED Corp will pay its quarterly dividend of $0.20 on 7/5/23.

As a percentage of TMO's recent stock price of $517.56, this dividend works out to approximately 0.07%, so look for shares of Thermo Fisher Scientific Inc to trade 0.07% lower — all else being equal — when TMO shares open for trading on 6/14/23. Similarly, investors should look for GILD to open 0.97% lower in price and for CNMD to open 0.15% lower, all else being equal.

Below are dividend history charts for TMO, GILD, and CNMD, showing historical dividends prior to the most recent ones declared.

Thermo Fisher Scientific Inc (NYSE:TMO):

Gilead Sciences Inc (NASDAQ:GILD):

CONMED Corp (NYSE:CNMD):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.27% for Thermo Fisher Scientific Inc, 3.87% for Gilead Sciences Inc, and 0.61% for CONMED Corp.


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In Monday trading, Thermo Fisher Scientific Inc shares are currently down about 0.1%, Gilead Sciences Inc shares are down about 0.8%, and CONMED Corp shares are off about 0.6% on the day.


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